29 April 2004
Australian Stock Exchange
Electronic Lodgement
Ja3a well to commence production test, good results expected,
further drilling planned
Carpathian is pleased to announce that an agreement has been reached
with the drilling contractor of the Ja3a well over the poor cement bond
which will result in a refund to Carpathian’s wholly owned subsidiary, Nord
Gas sro, of CZK 3,000,000 (A$150,000).
Following the execution of documents, which is expected to take place in
the next 24 hours, the gas zone will be perforated, the rig removed and
the production test will commence. Data from the test will assist in
determining potential reserves of the Janovice field and final flow rates
when the well is placed on permanent production. Considering the
substantial thickness of the gas zone (33 metres) and the excellent
permeability and porosity of the sands, Carpathian expects a very
successful test and good flow rates.
Carpathians partner in Janovice, Unigeo is currently completing mapping
of the field incorporating the Ja3a data and is expected to recommend
that a well located close to the Ja9 well be drilled as soon as possible.
In addition Unigeo will shortly commence permitting work for the production
pipeline.
Further details of the test will be released when they become available.
For further information contact :
Douglas Jendry
Director
Carpathian Resources Ltd
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