Woodside Strikes Again; Second Gas Find This Week

Woodside advised that the Larsen Deep-1 well in permit WA-404-P has intersected approximately 50 meters gross gas over several zones within the Triassic target.

The well is currently drilling ahead at 4914 meters and, subject to operational constraints, is planned to drill to a total depth of 5030 meters, by the semisubmersible Ocean America. Following drilling, wireline logging will be conducted to obtain pressure and gas samples.

Larsen Deep-1 is located in Western Australia's Carnarvon Basin and is located within 9km of Woodside's existing Central hub discoveries at Martell-1, Noblige-1 and Larsen-1.

Woodside is operator and 50% equity owner of WA-404-P. Hess Exploration (Carnarvon) Pty Ltd has the remaining 50% equity.

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