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The Paus Biru-1 ysis able-bodied commenced operations consecutive to the Quarter end on 18 October 2018.

The able-bodied is actuality accomplished by the COSL HYSY 937 Jackup conduct rig in 30m baptize abyss and is accepted to booty 2 weeks to ability TD of 650m Total Vertical Abyss Subsea (TVDSS).

The primary cold of the Paus Biru-1 able-bodied is to ysis the Early Pliocene Mundu Globigerina limestone reservoirs in the Paus Biru anatomy which is authentic by 3D seismic abstracts as a 4- way dip cease with absolute hydrocarbon indications. The accessory cold is the above siltstones aural the Paciran Formation which has accurate abundance in the agnate area in the Oyong field.

On 6 September, Ophir Energy appear the achievement of the accretion of Santos’ Asian assets, authoritative Ophir Energy the new ancestor aggregation of Santos (Sampang) Pty Ltd, the PSC operator.

EXPLORATION – AUSTRALIA

WA-359-PCue Interest: 100% (Cue Analysis Pty Ltd)Operator: Cue Analysis Pty Ltd

WA-359-P contains the Ironbark prospect, a ample and agitative Deep Mungaroo gas ambition aing to the absolute NWS LNG infrastructure.

On 9 August 2018, Cue was brash by the National Offshore Petroleum Titles Administrator (NOPTA) that a 12 ages Suspension of Admittance Years 3, 4 and 5 assignment affairs commitments, a Year 4 assignment charge variation, and a 12 ages addendum of the admittance had been approved. The admittance is now accurate until 25 April 2019.

Cue continues to advance Ironbark-1 able-bodied planning and ysis allotment options to accredit the able-bodied to be accomplished in 2019/2020.

WA-409-PCue Interest: 20% (Cue Analysis Pty Ltd)Operator: BP Developments Australia Pty Ltd

Analysis of reprocessed seismic is continuing by the Operator.

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