Whitebark Energy Limited confirmed that the process to consider strategic options regarding the Warro Assets continues with a number of parties currently evaluating the asset. The Warro Gas Field comprises of 3 TCF of Gas initially In Place. The contingent resource area is full covered by 3D seismic data and the gas field is well defined by 6 exploration and appraisal wells.

The Warro Gas Field Retention Lease is currently 100% owned by Whitebark and covers an area of approximately 222 square km. The asset is strategically located in close proximity to the 33km Dampier-Bunbury pipeline. Whitebark also announces the further suspension and extension of Permit Year 4 (of five) of the R7 License (Warro Gas Field) in Western Australia.

This was approved by the Department of Mines, Industry Regulation and Safety (DMIRS) on December 14 2022. The extends Permit Year 4 (of five) to December 4 2023.