Sugarloaf-1 Well Testing Program
A program for testing the primary Hosston Formation target in the Sugarloaf-1 well has been accepted by the Joint Venture and is anticipated to start within two weeks.
A zone with indications of gas interpreted from wire-line logs and gas shows during drilling is planned to be tested by high density perforation of the production casing over selected intervals in the lower part of the well.
Subject to results the program could be amended, including extended flow testing of zones, but is expected to take up to two months to be completed.
Participants in the Sugarloaf-1 well are:
Aurora Oil & Gas Limited 1
20.0%
Texas Crude Energy Inc (Operator) et al 2
41.5%
Eureka Energy Ltd
12.5%
Adelphi Energy Ltd
20.0%
Empyrean Energy plc
6.0%
sugarloaf testing to start
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