Cliff Head Oil Field

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Xanadu Joint Venture

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Mount Horner

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Company Highlights
  • Completion of optimisation review and a change in methodology has delivered;
    • a safer more reliable operation under a revised Safety Case;
    • an increase in the well uptime that arises from being positioned to maintain inventory and reduce turn around time post an ESP failure; and
    • a significant reduction in capital expenditure on future workovers of the Cliff Head wells
  • Increasing Near Term Production at Cliff Head
    • The return of CH-13 brings a total of five producing wells at Cliff Head boosting production to >1000bopdLong
  • 45% interest in TP-15 Xanadu Oil Field
    • 3D Seismic Grid acquired and provides a clear image of Xanadu structure with assessment on commerciality ongoing
    • Structurally and Geochemically similar to Cliff Head