qgc anouncement 2

19 September 2006
ASX ANNOUNCEMENT
WEEKLY DRILLING REPORT
(as at 6.00am on 18 September 2006)
Bellevue #3 in ATP 610P
Spud Date 30 August 2006
Permit
ATP 610P in which QGC holds a 60.625% interest, Origin Energy
CSG Limited holds 29.375% and Sentient Gas Australia Pty Limited
holds a 10.0% interest.
Location Latitude: 26o 43’ 39” S Longitude: 150o 18’ 33” E
Objective
This well is the first well in the current QGC drilling program. The well
is designed to investigate the seams of the Juandah and Taroom
Coal Measures in the pilot area. This will add geological information
for the reserves upgrade process. The well will be completed across
the Taroom Coal Measures seams for immediate production testing.
Bellevue #3 reached a total depth of 534m after intersecting 34.8m of
gassy coal in the Juandah and Taroom Coal Measures.
After wireline logging, all significant seams in the Juandah and
Taroom Coal Measures were underreamed and 7” pre-perforated
casing was set across the Taroom Coal Measures.
Current
Operations
The well is currently suspended awaiting a workover rig to drill out the
plug and clean out the well before running the pump.
Bellevue #4 in ATP 610P
Spud Date 6 September 2006
Permit
ATP 610P in which QGC holds a 60.625% interest, Origin Energy
CSG Limited holds 29.375% and Sentient Gas Australia Pty Limited
holds a 10.0% interest.
Location Latitude: 26o 43’ 54” S Longitude: 150o 18’ 01” E
Objective
This well is the second well in the current QGC drilling program. The
well is designed to investigate the seams of the Juandah and Taroom
Coal Measures in the pilot area. This will add geological information
for the reserves upgrade process. The well will be completed across
the Juandah Coal Measures seams for immediate production testing.
Bellevue #4 reached a total depth of 553m after intersecting 29.4m of
gassy coal in the Juandah and Taroom Coal Measures.
After wireline logging, all significant seams in the Juandah and
Taroom Coal Measures were underreamed and 7” pre-perforated
casing was set across the Juandah Coal Measures.
Current
Operations
The well is currently suspended awaiting a workover rig to drill out the
plug and clean out the well before running the pump.
Bellevue #5 in ATP 610P
Spud Date 12 September 2006
Permit
ATP 610P in which QGC holds a 60.625% interest, Origin Energy
CSG Limited holds 29.375% and Sentient Gas Australia Pty Limited
holds a 10.0% interest.
Location Latitude: 26o 43’ 34” S Longitude: 150o 18’ 15” E
Objective
This well is the third well in the current QGC drilling program. The
well is designed to investigate the seams of the Juandah and Taroom
Coal Measures in the pilot area. This will add geological information
for the reserves upgrade process. The well will be completed across
the Juandah and Taroom Coal Measures seams for immediate
production testing.
Bellevue #5 reached a total depth of 533m after intersecting 30.4m of
gassy coal in the Juandah and Taroom Coal Measures.
After wireline logging, all significant seams in the Juandah and
Taroom Coal Measures were underreamed and 7” pre-perforated
casing was set across the both Juandah and Taroom Coal Measures.
Current
Operations
The well is currently suspended awaiting a workover rig to drill out the
plug and clean out the well before running the pump.
Bellevue #2 in ATP 610P
Spud Date 22 August 2001
Permit
ATP 610P in which QGC holds a 60.625% interest, Origin Energy
CSG Limited holds 29.375% and Sentient Gas Australia Pty Limited
holds a 10.0% interest.
Location Latitude: 26o 43’ 53” S Longitude: 150o 16’ 36” E
Objective
This well was originally drilled as a farmin well to investigate the coal
seam gas potential of the Juandah Coal Measures in ATP 610P. The
well reached a TD of 419m before being plugged back to 310m.
The well will be re-entered and cleaned out before a downhole pump
is set and a test program to evaluate the seams of the upper Juandah
Coal Measures commences.
Current
Operations
Workover operations were completed on 9 September 2006 and well
testing commenced on 11 September 2006 and the well is currently
producing between 400 and 500bbls of water and small volumes of
gas.
Berwyndale #2R in ATP 632P
Spud Date 24 May 2001
Permit ATP 632P in which QGC holds a 90.0% interest and Sentient Gas
Australia Pty Limited holds a 10.0% interest.
Location Latitude: 26o 47’ 20” S Longitude: 150o 17’ 36” E
Objective
This well was originally drilled as a farmin well to investigate the coal
seam gas potential of the upper Juandah Coal Measures in ATP
632P. The well reached a TD of 297m and the well wireline logged.
15 samples taken for desorption testing before the well was
suspended.
The well will be re-entered and the lower Juandah Coal Measures
and Taroom Coal Measures cored to evaluate their CSG potential.
Current
Operations The rig is setting up over the well and coring should commence today.
Woleebee Creek #2 in ATP 651P
Spud Date 22 August 2001
Permit ATP 651P in which QGC holds an 85.0% interest and Lucas Coal
Seam Gas Pty Ltd holds a 15.0% interest.
Location Latitude: 26o 17’ 56” S Longitude: 149o 42’ 56” E
Objective
This well was originally drilled/cored to investigate the coal seam gas
potential of the Juandah Coal Measures in ATP 651P. The well
reached a TD of 681m and the well wireline logged. 30 coal samples
were collected for desorption testing. All significant seams in the
Juandah Coal Measures were underreamed and the well suspended.
The well will be re-entered and cleaned out before a downhole pump
is set and a test program to evaluate the seams of the Juandah Coal
Measures commences.
Current
Operations
Workover operations commenced on 10 September 2006 and the well
is currently undergoing the well clean-out program.