c7d84870-3222-4c03-bf46-1d2af5bb8228.pdf
Attn. Company Announcements Office
Australian Securities Exchange
8 July 2016
Gas Production Commences at PRL 26 (Udacha)
Rawson Resources Limited (Rawson; ASX:RAW), is very pleased to announce first gas production from its Udacha gas field in the Cooper Basin, South Australia. The PRL 26 (Udacha) licence is operated by Beach Energy. Rawson holds a 10% interest and the Udacha-1 gas production will provide Rawson with its first production revenues.
The Udacha-1 well has been tied back as a producing well to the Middleton production facility.
Initial production is expected to stabilize at 1.0 MMscfd, increasing to 1.6 MMscfd once compression is available at Middleton in early 2017.
The commencement of production from Udacha-1 represents a significant milestone for Rawson. It is the first ever production for the Company, providing a revenue stream to Rawson.
Rawson is an ASX-listed company focused on building a high impact oil and gas portfolio in Papua New Guinea while continuing to commercialise its existing assets in the Cooper and Otway basins in Australia.
Allister Richardson
Chairman
Rawson Resources Limited
Rawson Resources Limited ABN 69 082 752 985
GPO Box 3374, Sydney NSW 2001