On August 24, Amplitude Energy announced they had commenced drilling Juliet-1 in Victoria waters, targeting 48.8 Bcf prospective gas resource with an 84% success probability. The well, in joint venture with O.G. Energy, aims to evaluate gas quality and potential development, with results expected in 20-25 days.
Juliet-1 is an exploration well located in permit VIC/L24 within Commonwealth waters, adjacent to the existing Casino, Henry, Netherby (CHN) pipeline.
The Juliet prospect is supported by high Waarre C reservoir amplitudes, and a clear ‘flat spot’ at approximately 2,300m True Vertical Depth Sub-Sea (TVDSS) implying gas-water contact, both of which contribute to a probability of geological success of 84% (as reported by Amplitude Energy).










