Warrego Energy

Warrego Energy is a private development and production company established to invest in and exploit a global portfolio of onshore unconventional gas assets through the application of innovative drilling and production techniques and technologies.

Warrego's initial investment is in (onshore) Western Australia where the company is progressing development of the West Erregulla Field on Licence EP469 in the North Perth Basin.

The company is headquartered in Aberdeen and focuses on developing the West Erregulla Field in Western Australia's North Perth Basin.

Other opportunities are screened as they arise in North America and Europe.

Field Background---

The West Erregulla tight gas field was discovered in 1990. It is located in Western Australia's North Perth Basin within Exploration Permit EP 469 (formerly EP 25/07-08). It is 50km south east of Dongara and approximately 20km from both the Dampier-Bunbury and Parmelia pipelines, through which gas will be exported to market following successful development of the field.

West Erregulla is the first of several seismically mapped structures of interest to be targeted within EP 469. It is independently assessed to contain significant volumes of gas in place and Warrego's appraisal and development plan will deliver an appraisal well in 2012 and commercial gas in 2014.

Warrego is the sole holder of EP 469.

The permit lies within the Native Title Claim area of the Amangu people. Warrego believes that the successful development of West Erregulla can only be achieved in co-operation with the Amangu, and the business looks forward to an enduring and mutually beneficial relationship with the Amangu community over time.

Warrego focus----

Low invasion drilling fluids to mitigate reservoir damage and increase productivity Seismic processing technology to wring 'sweet spots' from historic seismic data. This will allow Warrego to optimise well locations and maximise productivity Ballistics technologies that have the proven capability to dramatically reduce fracture breakdown pressure and improve productivity in suitable reservoirs by 20%