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- Civil works for the Yarrow 4 and Yarrow 5 dual-well pad nearing completion
- Spud of first well Yarrow 4 estimated towards end of August
- Access approvals received for the Willowie 2 appraisal well
- Willowie 2 civil works estimated to commence in the second half of August
Red Sky Energy’s (ASX:ROG) share price has taken off after it released a positive update on the status of the Santos-operated (ASX:STO) drilling program at the Yarrow and Willowie fields within the Innamincka Dome in Central Australia.
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Drilling plans for the three wells follows the commencement of site preparation works at the Yarrow gas field.
MD, Andrew Knox, said civil works for the dual-well pad at the Yarrow field, which will host the Yarrow 4 and Yarrow 5 wells within PRL 17, are nearing completion after earthworks were delayed by consistent rainfall across the Innamincka region.
Spud of Yarrow 4 is expected near the end of August 2026 to be followed immediately by Yarrow 5, subject to final operational scheduling, weather conditions and access windows.
The Yarrow two-well program follows Red Sky’s execution of a binding authority for expenditure (AFE) with Santos.
Mr Knox also revealed that Red Sky has been advised that access approvals have been received for the Willowie 2 appraisal well within PRL 18.
Civil works at the Willowie site are estimated to commence in the second half of August 2026, with spud of Willowie 2 estimated for mid-October 2026. The Willowie appraisal well forms part of the binding AFE executed with Santos for the well.
“With civil works at Yarrow nearing completion and access approvals now in hand for Willowie 2, the program is progressing towards spud on all three wells over the coming months. We look forward to Santos advancing the campaign and building on the production performance already established at Yarrow,” Mr Knox said.
The planned Yarrow development program is the next phase of activity within the producing Yarrow field, following the tie-in and commissioning of Yarrow 1 in November 2025. Yarrow 1 and Yarrow 3 are currently producing gas and liquids into the Santos-operated gathering system.
Willowie 2 is located within the same structural trend as Yarrow and targets the Patchawarra and Tirrawarra formations. If successful, the well is expected to be connected to existing Santos-operated infrastructure.
Red Sky holds a 20% working interest across six PRLs (14, 17, 18, 180, 181 and 182) within the Santos- operated Innamincka Dome Joint Venture.
The Innamincka Dome is a proven producing region of the Cooper Basin. Santos operates established gas-gathering, pipeline, and processing infrastructure that connects directly to the Moomba facility, thereby reducing well development costs and time to first production. Yarrow 1 and Yarrow 3 are currently producing gas into that network.
ROG was up by 50.0% to 0.2¢. Mkt cap $10.57M.
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