Dempsey Gas Well Testing Update Sacgasco Limited (ASX: SGC)...

Dempsey Gas Well Testing Update Sacgasco Limited (ASX: SGC) advises that preparations for completing and flow-testing the Dempsey 1-15 well are continuing as planned.

As usual with completion operations in the area the activities at Dempsey are being conducted on a single shift, Monday-to-Friday work week basis.

To date surface wellhead and high-pressure Blow Out Preventer (BOP) equipment have been stringently tested. Initial equipment tests resulted in the need to replace some of the large safety-critical equipment. Downhole casing and liner-overlap integrity testing has also been completed.

Prior to perforating the lowermost zones in the well for natural gas flow evaluation, the lower well bore needs to be cleaned out; cement bond log run and evaluated for well bore protection integrity; and then the assembly and running of completion equipment and tubing conveyed perforating tools is required.

Working Interests (WI) in the Dempsey Gas Project: Sacgasco Limited (ASX: SGC) (Operator) 50% Empyrean Energy PLC (LON: EME) 30%
Pancontinental Oil and Gas NL (ASX: PCL) 10%
Xstate Resources Limited (ASX: XST)

Gary Jeffery, Managing Director of Sacgasco commented: “The rig and crew continue to work safely and efficiently. As previously advised, the Dempsey 1-15 well intersected a number of porous potential reservoir zones which delivered significant gas shows while drilling.

We have sourced and are assembling and testing the high-pressure-rated equipment to be used for the upcoming testing operations.

The Dempsey 1-15 completion and flow-testing program involves equipment not normally seen, nor used in Northern California and is being meticulously assembled and tested to ensure a safe outcome.

This program will follow good oilfield practise by beginning testing from the bottom of the well. Additional information will be provided as testing is carried out”.