Project Profile
Location: EP 115, onshore Amadeus basin, Australia
Area: 12,397 sq km
Reserves: 0.5 - 2 million barrels
Production: 88,650 barrels of oil (March 2014 to August 2016)
Start-up Year: March 2014
The Surprise oil discovery lies in EP 115, in the onshore Amadeus basin in Australia. The oil discovery has achieved a maximum sustained flow rate of 300 barrels per day of 40 degrees API light oil over a four-hour test period in 2012. Central Petroleum received strong support from investors and raised US$12 million in 2012 in order to fund appraisal of its Surprise oil discovery in the Amadeus Basin. Further appraisal of the discovery would allow Central to determine its productivity and resources present. An engineering report by RPS Energy had indicated Surprise-1 could access initial in-place oil of 0.5 and 2 million barrels.
Operators:
Central Petroleum: Operator with 100% interest
Contractors:
RPS Energy: Engineering resource estimation report