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Mount Saint Martin (ATP 688P)

Ownership

WestSide: 25.5%
Mitsui E&P Australia: 24.5%
QGC - A BG Group business: 50%

About the project

The Mount Saint Martin area in ATP 688P is located 30km north east of the Tilbrook pilot.

WestSide drilled seven exploratory wells at Mount Saint Martin in 2009 and 2010. The wells have intersected several coal seams which have the potential to add to WestSide's gas reserves in the area.

Further testing to capture gas and water production data critical to evaluating the prospects of the field and achieving an initial reserve certification is planned.

Data from the seismic survey undertaken in the region in May 2010 was interpreted and processed during the quarter. The combined data sets from the wells and seismic acquisition were then incorporated into a geological model to provide the basis for evaluation of gas reserves in the Mount Saint Martin area.