Surat Basin – QLD
ADZ Energy holds a significant asset base in the Surat Basin, located in Southern Queensland, Australia.
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This high-capacity facility has a base of high-quality Basal Evergreen Sand channel with good connectivity, and proven tank like behaviour. It has a 3-way dip closure as well as a depletion drive wet gas reservoir with three existing operational injector/redraw wells.
The Newstead Gas Facility has pipeline connection to Kincora Gas Plant and Wallumbilla Hub. Our future value proposition is to improve deliverability through cushion gas, de-bottlenecking line constraints, injector well workovers as well as new injector wells. ADZ Energy has modelled theoretical injection and redraw rates which estimates an upgrade to metering and injection facilities to enable intra-daily withdrawal and injection capabilities via Wallumbilla.
ADZ Energy’s growth plans are focused on developing a long-term partnership with a gas trader and or producer with access to the East Coast gas market. This will support our proposed plans to refurbish and upgrade the Newstead injection and metering facilities.
100% interest
453 acres+ (Surat)
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ADZ Energy holds a significant asset base in the Surat Basin, located in Southern Queensland, Australia.
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ADZ Energy Pty Ltd is headquartered in Queensland, specialises in exploration and production from its high-quality portfolio of oil and gas assets in Queensland, South Australia, the Northern Territory and Victoria.
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