Tenement Information

The combined area is operated by Santos under a three stage farmout agreement with Central, with the exception of the EP 82DSA area which is operated by Central as part of arrangements in the purchase of Central’s interest in the Mereenie Oil and Gas Field.

In late 2021/early 2022, Santos and Central separately entered into arrangements for Peak Helium (Amadeus Basin) Pty Ltd to farmin to various permits, with Peak agreeing to free-carry Central’s costs in two exploration wells – one in each of EP82 and EP115. The wells are planned to be drilled in 2023.

Tenement Approx
Area
(km²)
Location Operator CTP Consolidation Entity*** Other JV Participants***
Registered
Interest
(%)
Beneficial
Interest
(%)
Participant
Name
Beneficial
Interest
(%)
EP 82 * 9,897* Amadeus Basin NT Santos 60 29 Santos
Peak
20
51
EP 105 9,750 Amadeus/Pedirka Basin NT Santos 60 60 Santos
Peak
30
10
EP(A)111 9,065 Amadeus Basin NT Santos 100 50 Santos
Peak
30
20
EP 112  14,058  Amadeus Basin NT Santos 30 35 Santos
Peak
30
35
EP(A)124 ** 13,982 Amadeus Basin NT Santos 100 50 Santos
Peak
30
20
EP 125 12,761 Amadeus Basin NT Santos 30 24 Santos
Peak
20
56

* Excludes EP 82DSA (1,489 km²), excised from the Joint Venture with Santos as part of arrangements in the purchase of Central’s interest in the Mereenie Oil and Gas Field.

** Placed in moratorium for a period of 5 years, ending 6 December 2022.

*** Beneficial interests are are subject to satisfaction of conditions precedent by Peak Helium under farmout arrangements.