Enerdrill Rig #3 Max Depth 5,200m Gin Gin 1
T.D. 4,544
Reservoir Gross 3,864m – 4,155m
Red Gully North (allow for slight updip from GG-1)
T.D. 4,410m
Reservoir Gross 3,725m - 4074m Subsequently, nitrogen was used to provide a 4000psi drawdown on the Lower D sand interval in an attempt to induce flow from the reservoir. The Lower D sand did not flow gas or fluid to surface over a 14 hr period. The down-hole pressure gauges were recovered and clearly indicate that a very low permeability (tight) sandstone interval was tested, which is unable to flow sufficient gas and condensate to be commercial.
Ref : 26th April 2016 Test Report
EGO Price at posting:
33.0¢ Sentiment: Hold Disclosure: Held