Central Graben
1 August 2014

Blakeney exploration well on a dip-closed anticline with a flat spot conformable to closure and an amplitude anomaly consistent with oil fill. Tay Sandstone at 3,263 ft TVDSS was oil bearing down to OWC between 3,412 and 3,418 ft MD; 69.5 ft net oil pay. MDT oil samples recovered at 3,347 ft and 3,391 ft consisted of severely biodegraded oil with a gravity of 14.5° API,
viscosity of 846 and 1,037 Cp (at 40°C) respectively.