Article originally published by Stockhead.

Omega is just days away from drilling the Canyon-2 well, the first of two wells that will test the potentially company-making Permian Deep Gas play in Queensland’s Bowen and Surat basins.

It follows the completion of mobilisation and pre-spud checks of the SLB (formerly Schlumberger) Land Rig 185 to the Canyon-2 site.

The two well program within ATP 2037 and 2038 in Southeast Queensland will test the Permian Deep Gas potential of tight sandstones within the Permian Kianga Formation, which has an independent prospective resource of 3 trillion cubic feet of gas and 233 million barrels of associated liquids.