Nexus Completes Crux-2 ST1 Appraisal Well

Nexus Energy reports that drilling operations on the Crux-2 ST1 appraisal well were completed following the successful suspension of the well as a future injection/production well for the Crux gas condensate field. The Songa Venus has moved off location.

As previously indicated, the information gained from the Crux 2 well and the Crux 2 ST1 well will now be integrated into the field geological model which will enable Nexus to provide an updated estimated recoverable field volume in the near future.

Nexus Energy holds a 100% stake in the well which is located in AC/P23 offshore Australia in the Browse Basin.

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