Santos to re-enter the Mt Kitty-1 exploration well in the Northern Territory's onshore Amadeus basin

8/27/2014

Santos to re-enter the Mt Kitty-1 exploration well in the Northern Territory's onshore Amadeus basin

BRISBANE, Australia -- Central Petroleum Limited (Central) has been advised by Santos, the Operator of Amadeus Basin permit EP 125, that it plans to commence re-entry works to complete the evaluation (including logging) of the Mt Kitty 1 exploration well and plug and suspend the well to enable future use of the wellbore.

Following completion of these re-entry operations, the forward plan of the Joint Venture is to undertake a resource estimation and economics study and plan any future work program for the permit.

Santos has indicated, at a minimum, approximately 200km of the 1,300km Stage 2 2D seismic for the Southern Amadeus farmin will be acquired in EP125 in which Mt Kitty is situated.

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