I don't understand what this all means. I'm guessing in the process of drilling water has contaminated the gas zone and now they are going to attempt to rectify the contamination? Help please.
Also what does "closure at the Enterprise prospect" mean?
Blue Star Helium Limited (ASX:BNL) (Blue Star or the Company) announces that it has started mobilising rig and crew to the Enterprise 16-1 helium well site in Las Animas County, Colorado, to commence the workover of the well.The workover will set a cement plug from TD up to 1,150 feet, then run and cement 4.5 inch casing from 1,150 feet up across the Lyons formation. The top of the gas zone in the Lyons will then be perforated from 1,045 to 1,051 feet. Swabbing operations will be undertaken to remove the invaded fluid from the well bore. Gas samples obtained from the Lyons formation will be sent for laboratory analysis.The workover of Enterprise 16-1 is expected to take approximately 12 days to complete.
BNL Price at posting:
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