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Waitsia well exceeded expectations: AWE

Sydney-based gas producer AWE plans to upgrade its resource estimate for the Waitsia gas field in the Perth Basin in coming months after a recent drilling campaign showed the field extends further eastward than initially thought.

AWE is a 50 per cent owner of the project, which has been touted as the largest onshore conventional gas discovery in Western Australia for decades, while Sydney-based Origin Energy holds the remaining share.

Previous estimates suggested Waitisa, which was discovered in September 2014, could supply up to 100 terajoules per day of gas into the domestic market.

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