Based on data from active drilling programmes across the permits conducted earlier this year, the study certified more than 418.27 Bcf of gas, Senex said in an announcement.
Company managing director Ian Davies said the resource found was capable of making a “material contribution” to the domestic gas market of Australia’s eastern states.
“In short, the acreage shows all the hallmarks of highly productive Walloon Fairway gas fields,” he said.
“We