Preliminary interpretation of the cores, wireline logs and wireline pressure measurements indicate that Jingemia-4 hit the Dongara Sandstone 16.5 metres updip of Jingemia 1, revealing approximately 29 metres of oil saturated sandstone, with good to excellent reservoir characteristics and no gas cap.

The JV now intends to perforate Jingemia-4 and flow to clean up in late May, after which it will remain shut-in pending connection to the Jingemia Production Facility in early July.

The well is located approximately 24 kilometres south of the township of Dongara and 325 metres east north east of the Jingemia oil production facility.

Application has been made by the Joint Venture for a production licence covering the Jingemia Oil Field. It is expected that all requirements relating to its issue will be completed during the current extended production test.

Once the licence is awarded, the field development plan agreed and permanent facilities constructed, the field will move into full production. This is expected to occur by mid year. During the period of the test the oil produced will be trucked to the BP oil refinery south of Perth for sale.

Participants in EP 413 and Jingemia-4 are Norwest Energy 1.278%, ARC Energy 15.495%, Origin Energy Developments (Operator) 49.189%, Hardman Oil and Gas 22.376%, Voyager (PB) 6.270%, Victoria Petroleum Offshore 5%, Roc Oil (WA) 0.250% and John Kevin Geary 0.142%.