Amplitude Energy has commenced drilling the Elanora-1 exploration well, its first East Coast Supply Project (ECSP) well.
Elanora-1 is targeting 161 billion cubic feet (bcf) mean prospective gas resource from a Waarre A reservoir target.
Elanora-1 is located in permit VIC/L24, which Amplitude Energy holds a 50 per cent interest in, with the remaining 50 per cent held by joint venture partner O.G. Energy.
Amplitude Energy CEO Jane Norman said: “We’re excited to commence the drilling phase of the ECSP with Elanora-1.
“Elanora is the largest of our ECSP prospects, with a high chance of geological success, and a discovery at Elanora would provide us with a strong resource base for future tie-backs into our existing Otway Basin infrastructure.
“Recent exploration success from other parties in the offshore Otway Basin reinforce our views on the ability of the basin to help supply the future energy needs of Australia’s East Coast domestic gas market.”
The drilling program is expected to take approximately 20 to 30 days, to a planned maximum total depth of around 2,000 metres, with potential for approximately four to seven further days of evaluation.
Following completion of the Elanora-1 program, the well will be plugged, and a sidetrack into the Isabella prospect will be drilled, which is expected to take approximately another 14-18 days.
Isabella lies immediately adjacent to Elanora, also in the VIC/L24 permit.