Kato-2
is
being
drilled
to
a
total
depth
of
285
metres
to
investigate
the
CBM
potential
of
the
Walloon
coal
measures.
The
first
well,
Kato-1,
was
drilled
towards
the
end
of
last
year
and
“exceeded
expectations”
after
intersecting
9.8
metres
of
net
coal
in
the
Juandah
and
Taroom
coal
measures,
along
with
7.6
metres
of
net
gas
bearing
carbonaceous
shale,
during
coring.
Senex
holds
a
45%
operated
stake
in
ATP
593P,
with
fellow
Australian
company
Bow
Energy
holding
the
remaining
55%
interest.
…