SYDENY: Cooper Energy has announced a 10 well appraisal program by the PEL 92 joint venture commenced with the spudding of Callawonga-22 on November 5, 2019.

Callawonga-22 is the firstof4appraisal wells to be drilled at the Callawongaoil field, to be followed by 4 wells at the Butlers oil field and 2 wells at the Rincon oil field. Like the successful Parsons campaign which preceded it, this appraisal campaign is designed to test field limits.

Cooper Energy has a 25% interest in the joint venture with the balance held by the Operator, Beach Energy.

Callawonga-19 will be drilled from a common pad following Callawonga-22.-Callawonga-20, located approximately 600m northeast of Callawonga-4, which will test the eastern field boundary.

 The appraisal wells will enable development locations to be selected for future field development. Successful wells in the current program may also be completed and connected as future producers.

Each well in the program is expected to take approximately 1 week.