Barrolka  – Transformative Basin Centered Gas Play in ATP 934

  • Barrolka – Bengal is the operator and has 71% working interest in this Permit
  • Large, undrilled 1,462 km2 permit with active drilling, in the area (20 gas wells in the last 2 years)
  • Bengal is working on consolidating its position on the play
  • Block is estimated to hold significant gas resource, with numerous gas pipelines crossing the permit
    • 5 existing gas pools offsetting ATP 934 are producing 17.7 MMcfd with 396 bbls condensate per day.
    • Whanto wells now tied-in with anticipated initial rate of ~28-30 MMcfd.
  • E. Australia gas market fundamentals very compelling with upward pressure on price
  • Surrounding analog Permian Toolachee gas pools show an average ‘conventional’ pay zone thickness of approx. 9.6 m, (based on logs/tests/production data from 28 wells across a range of offsetting pools)
  • Management has mapped 6 prospects/leads on this permit, based on 2D seismic interpretation – covering a total area of ~29 km2

Click on the image to the right to view an expanded map of the potential Bengal sees in Barrolka

Click image to enlarge
Click HERE for Cautionary
Statement on Analogous Information