Oz Santos Completes Moomba South Appraisal

Santos April 9 announced the successful completion of the Moomba South phase one appraisal programme in the Cooper Basin.

Company CEO Kevin Gallagher said Santos is investing in the Cooper Basin to find more gas for the east coast domestic market.

"I am very pleased that the Moomba South phase one appraisal program has confirmed a significant gas resource and resulted in seven new wells now producing in the Cooper.

"The programme also successfully targeted two exciting new plays in the Granite Wash and Fractured Granite which have the potential to add significant new resources. Testing of both plays resulted in stable gas flows to surface," Gallagher said.

The results of the appraisal programme will inform field development planning for the Moomba South project, Santos said, adding that planning is under way to undertake further drilling on Moomba South towards the end of 2019.

The Moomba South appraisal programme is located in PPL 8 and PPL 9 in South Australia (Santos 66.6% and operator, Beach 33.4%).