SA Mines and Energy Journal : June 2009
Quiet achiever Adelaide Energy's gas production operations represent a changing of the guard in the south-east, writes Anne Walker. Adelaide Energy went from explorer to gas producer when it purchased the Katnook gas processing plant and recommenced production from its current connected wells. The million-dollar deal with Origin Energy for the plant and associated fields near Penola was made last year. Now Origin is its major customer, purchasing as much gas as Adelaide Energy can produce. From January to April this year, total revenues have been more than $800,000 and include sales of the condensate to Shell. Origin onsells most of the gas to local south-east customers, Kimberley Clark, Mount Gambier township and SAfries (a chip manufacturer). Origin would take up to 10 terra-joules per day if Adelaide Energy could produce it. Adelaide Energy's Managing Director, Carl Dorsch, a chemical engineer with nearly 30 years in the hydrocarbon sector, is very pleased with the operations at the Katnook gas plant and the level of production being achieved. Mr Dorsch believes that Adelaide Energy, being a relatively small company, is well positioned to focus on and properly understand this area near the Victorian/South Australian border and believes it can exploit the remaining reserves efficiently. Mr Dorsch and his Field Superintendent, Russell "Rusty" Campbell, have decades of drilling experience between them and know the area well. Adelaide Energy is planning to run surfactant injection strings in three existing wells to enhance and extend oil recovery. It is also exploring Adelaide Energy's Jacaranda Ridge operation.
April May 2009