Ann: Appraisal success continues with the Snatche, page-9

  1. 2,058 Posts.
    re: Ann: Appraisal success continues with the... piece of info in proactive investor=While much of the activity is occurring in the Cooper Basin with companies such as Senex Energy (ASX: SXY), Drillsearch (ASX: DLS) with QGC, and Orca Energy (ASX: OGY) drilling unconventional wells, considerable attention is also focused on the Perth Basin where fracture stimulation and testing efforts have yielded encouraging early results.

    Norwest Energy (ASX: NWE) has enjoyed early gas flow rates of up to 777,000 cubic feet of gas per day from testing of the High Cliff Sandstone, a secondary target at its Arrowsmith-2 well, and has also started flowing gas from the primary target Irwin River Coal Measures, following successful separate fracs of the intervals.

    This will be followed by fraccing of the other primary target, the Lower Carynginia and Middle Carynginia shales, as well as the secondary objective Kockatea Shale.

    AWE Limited (ASX: AWE), which is sharing the fracture stimulation equipment with Norwest, has also flowed gas from the Middle Carynginia and Upper Carynginia shales at its Woodada Deep-1 well though flow results are not available as yet.

    Meanwhile, Empire Oil & Gas (ASX: EGO) has flagged that it may explore the 24Tcf of in place unconventional gas that RPS Energy Services believes could be contained within the Lower Cattamarra Coal Measures in EP 389.

 
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