The company recently finished drilling the latest in its current drilling programme in the Cooper basin, before carrying out wireline logging.
Logging returned positive signs, indicating the target interval was gas saturated in the Patchawarra formation.
Etty-1 has been cased and suspended for fracture stimulation and production testing, to assess the deliverability potential of the basin-centred play.
Joint venture partner Icon Energy announced last week that the well, the sixth and final well in the current exploration programme, reached total depth of 3807 metres.
The
