Southern Sky Energy Pty Ltd was awarded exploration permit EP 498, located in the Perth Basin, on 6 February 2018.Â  The permit has been awarded for a period of six years and will expire, or be eligible for renewal, on 5 February 2024. EP 498 covers an area of 1,494 sq km in a north-south trend along the Irwin Terrace, Perth Basin. The permit extends Southern Sky Energyâs acreage along the eastern Perth Basin, adding to EP 494 in which it holds 50% interest with operator Macallum Group Ltd. EP 494 stretches for over 200 km, from Yarra Yarra Lakes near Eneabba to Ellenbrook, 20 km north of the Perth CBD area. At the time of the award of EP 474, it was thought that Southern Sky Energy would be targeting unconventional gas within tight sands and shale reservoirs. However, the southern portion of the permit now lies within the hydraulic fracturing (fracking) banned area of Western Australia and the remaining area is under a moratorium to prevent fracking at the present time. The work programme for EP 498 has been scheduled with geophysical / geotechnical studies and the acquisition of 50 km 2D seismic data within the first two years, followed by one stratigraphic well and two exploration wells in the subsequent years. Conventional targets within EP 498 could include middle Jurassic sands and deeper Kingia or High Cliff formations. Southern Sky Energy Pty Ltd has been awarded EP 498 within the Perth Basin, with 100% interest. Â 
Southern Sky Energy Pty Ltd was awarded exploration permit EP 498, located in the Perth Basin