“Who Dat East 勘探/评估井的中期测井证实，上部目标层段存在高品质含碳氢化合物砂岩，还有许多更深的目标有待钻探
” 井数据的初步解释表明，总净产层厚度为 44 米（测量深度
）“ 安装 9 英寸套管后，该井将钻至最终总深度 7900 米

Karoon Energy 报告称，Who Dat East 勘探/评估井 MC 509-1 (LLOG) 在 12 英寸井段已达到 6,614 米（测量深度 (MD)）的深度。在设置 9 英寸套管之前，已完成中期电缆测井，该井将在 8 英寸井中继续钻探，最终计划总深度为 7,900 米。 12 英寸井段的钻孔角度约为 45 度。

随钻井泥浆 (LWD) 和电缆测井数据表明，在目标中新世浊积岩序列中发现了许多含碳氢化合物砂岩。对该

数据的解释表明，目标区间内含碳氢化合物的总净产层厚度为 44 米 MD，两个离散储层单元内的总净产层厚度为 31 米 MD。净产层孔隙度平均为 25%，相应的渗透率在 300mD 至 >1,000mD 之间。已解释为一种气体凝析油烃流体类型，与该井的预测一致。

电缆测井数据、储层流体样本和其他地球科学数据将接受实验室分析和进一步研究，以确定迄今为止遇到的碳氢化合物区的资源潜力。

远期计划是在钻探到计划的总深度约之前完成 9 英寸套管的下入7,900 米 MD，以测试剩余目标。

首席执行官兼董事总经理 Julian Fowles 博士评论道：
“对 Who Dat East 勘探/评估井的井数据的初步解释是积极的。早期结果表明，与附近的 MC-509 Exxon #1 勘探井相关的大量高质量砂岩中可能存在连续碳氢化合物相。一旦钻探完剩余目标并完成最终 TD 测井，我们将能够更好地评估对 Who Dat East 碳氢化合物体积的任何潜在影响，以确定潜在开发的商业性。此外，Who Dat East 的早期成功支持了我们的信念，即 Who Dat 周围存在可以释放的勘探上行潜力。一旦钻探完成，该井将被暂停作为潜在的未来生产井，等待进一步分析的结果。”

• Intermediate logging of the Who Dat East exploration/appraisal well confirms high quality, hydrocarbon-bearing sands in upper target sections, with a number of deeper targets still to be drilled
• Preliminary interpretation of well data indicates an aggregateNet Pay thickness of 44 metres Measured Depth
• Following installation of 9-?” casing, the well will be drilled to the final Total Depth of 7900 metres

Karoon Energy reports that the Who Dat East exploration/appraisal well, MC 509-1 (LLOG), has reached a depth of 6,614 metres Measured Depth (MD) in the 12-¼” hole section. Intermediate wireline logging was completed prior to setting 9-?” casing, and the well will drill ahead in 8-½”hole to a planned final TD of 7,900 metres. The borehole angle through the 12-¼" hole section is approximately 45 degrees.

‘Logging While Drilling’ (LWD) and wireline logging data have indicated that a number of hydrocarbonbearing sandstones have been encountered within the targeted Middle Miocene turbidite sequences.

Interpretation of this data indicates a hydrocarbon bearing aggregate total Net Pay thickness of 44 metres MD within the targeted intervals, with 31 metres MD within two discrete reservoir units. Net Pay porosities average 25% and correspondingly good permeabilities of between 300mD to >1,000mD are indicated. A gas condensate hydrocarbon fluid type has been interpreted, as prognosed for this well.

Wireline logging data, reservoir fluid samples and other geoscience data will be subject to laboratory analyses and further studies to determine the resource potential of the hydrocarbon zones encountered to date.

The forward plan is to complete running 9-?” casing before drilling to the planned Total Depth of approximately 7,900 metres MD, to test the remaining targets.

Chief Executive Officer and Managing Director, Dr Julian Fowles, commented:
“Preliminary interpretation of the well data from the Who Dat East exploration/appraisal well is positive. The early results indicate potential for a continuous hydrocarbon phase in a number of high quality sands correlated to the nearby MC-509 Exxon #1 exploration well. Once the remaining targets have been drilled and final TD logging completed, we shall be in a better position to evaluate any potential impact on hydrocarbon volumetrics at Who Dat East, with a view to determining the commerciality of a potential development. Furthermore, this early success at Who Dat East supports our belief that there is exploration upside potential that can be unlocked surrounding Who Dat. Once drilling is complete the well will be suspended as a potential future producer, pending the results of further analysis."