more horizontals planned in the jv acreage

EKA half yearly

“Austin Chalk fields are generally developed using horizontal wells with reservoir stimulation
(hydraulic fracturing), however each new field development has critical differences relating to the
local characteristics of the reservoir. These differences are important economically and are
established through the application of Austin Chalk engineering expertise and systematic
evaluation of drilling and stimulation methodologies. For classic Austin Chalk fields this
optimisation process has taken several years. The Sugarloaf participants are fast-tracking the
‘learning curve’ for the Sugarloaf Project by drawing upon the best available knowledge and
personnel. Recent application of consultants with relevant experience in Austin Chalk field
development have begun preparing the plans for commencement of the next phase of
development. These plans will require the drilling of further horizontal wells and appropriate
stimulation of the Kennedy-1 Horizontal well.”


http://www.eurekaenergy.com.au/docs/2008/EKA20080313_2.pdf