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ATP 837P, ATP 873P, ATP 893P, ATP 901P

Rawson Resources Limited (Rawson) will begin a five well CSG drilling program in the Surat Basin, Queensland, in mid-November, 2008. Rawson has a 15% interest in two permits, ATP 837P and ATP 873P, in the Surat Basin, Energetica Resources Pty. Ltd. has a 15% interest and TRUenergy Queensland Pty. Ltd. (TRUenergy) has a 70% and is the operator.

TRUenergy will use the Ancon Rig 1 (see picture below) to drill, core and test up to five CSG exploration wells. Initially, these first wells will be drilled in ATP 873P (WSNB-2 & WSNB-1) to a depth of about 500m to test the Walloon Coals, which are productive for CSG in the adjacent Lacerta Gas Field operated by Sunshine Gas.

Ancon Rig 1

 

Following this initial drilling it is planned to drill W SNB-3 to depths of 700m , and then move the rig to ATP 837P where two wells will be drilled to test the Walloon Coals at depths around 1,000m . The cores from these wells will be recovered and tested for gas saturation and permeability.

During early 2009 there will be an assessment of further work requirements followed by examination of pilot production options. This is the commencement of Rawson's CSG exploration program in Queensland; Rawson is excited by this move into CSG exploration as part of its integrated energy exploration portfolio.

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