NWE 0.00% 5.6¢ norwest energy nl

testing recommenced, page-6

  1. 193 Posts.
    AWE's mention of arrowsmith-2 well in their annual report...

    "The Arrowsmith-2 well (AWE 44.25%) tested five separate shale and tight gas zones with hydrocarbon flows being
    achieved from all five zones. Plugs were set between
    each zone in order to collect separate test data from each
    individual zone. A stabilised gas rate of 0.78 MMscf/d was
    obtained from the High Cliff Sandstone, while gas was
    also recovered from the Irwin River Coal Measures and
    Carynginia Formation. Both oil and gas were recovered
    from the Kockatea shale, which substantially enhances the
    commercial potential of the Kockatea.

    Testing of the Arrowsmith-2 well recommenced in late
    October following hook-up and commissioning of
    production testing equipment. This testing will include
    clean-up and flow testing of each of the five zones, starting with the Kockatea shale. The EP 413 Joint Venture is currently evaluating the potential acquisition of a 3D seismic survey in the Arrowsmith area during 2013.

    AWE holds an extensive acreage position in the Onshore
    Perth Basin. Following the initial success from the recent
    testing program, particularly the flow rates achieved
    from the High Cliff and Dongara / Wagina tight sands, the
    Company is taking a fresh look at data accumulated over
    the last 20-30 years in the basin, as past drilling programs
    have included wells that intersected many tight oil and gas
    reservoirs. Evaluation of this data may identify new appraisal opportunities in the basin.

    AWE is also continuing to pursue new oil and gas
    exploration opportunities in the north Perth Basin, with
    processing and initial interpretation of the Redback-Irwin 3D seismic survey being undertaken."

    TY
 
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