Bass Oil has continued to progress regulatory approvals for the Kiwi completion and extended production test (EPT) project.
Bass Oil managing director Tino Guglielmo said it would be a significant step in growing Bass’ portfolio.
“The Bass technical team has assessed that Kiwi has the potential to contain a commercial volume of gas, which may allow the company’s entry into the eastern states’ gas market,” Guglielmo said.
The company also announced it is awaiting the report from the inspection of the access road and well site.
The report is required prior to mobilising earthmoving equipment to upgrade the access for the workover rig and ancillary equipment required to perform the test.
Bass Oil projects the timing of the commencement of the project not before late January 2024.
In September 2023, the company announced its target of commencing operations in Q4 of 2023, and was working with contractors on the availability of rig and ancillary services.
At that time, the results of the Kiwi mapping project indicated a commercial quantity of gas is contained within the Kiwi discovery.
“The main objective of this test,” Guglielmo said, “is to gather the data required to confirm commerciality.”