testing sidi dhaher

Just a few snippets and reminder of why many here will wait for results of testing. Less than a week now if no more delays before rig is mobilised to site

Lets see should be a really intersting week ahead.


3 October 2011
ADX: Sidi Dhaher-1 Well Encounters Oil
ADX Energy Limited (ASX:ADX) is pleased to announce that the Sidi Dhaher well has encountered an interpreted oil column of approximately 30 metres on the basis of pressure data as well as oil recovered together with mud filtrate from down hole sampling. To determine the potential commerciality of the discovery a well test will be required to confirm oil production at commercial rates.
The Sidi Dhaher-1 well has been drilled to a total depth of 2011 meters measured depth (m MD). Wireline logs, as well as formation pressures and reservoir fluids have been acquired over the open-hole interval from 999 to 2011 m MD in order to evaluate the quality and hydrocarbon content of several potential reservoirs encountered within this bore hole section.
The well has intersected pre-Tertiary aged section structurally higher than originally predicted. Wireline logs indicate several potential reservoir zones within both the Tertiary and Cretaceous aged sections respectively, with relatively high porosity and permeability interpreted within Upper Cretaceous aged formations.
Wireline fluid sampling from an Upper Cretaceous aged reservoir has recovered a mixture of drilling mud, drilling mud filtrate and oil. This recovery indicates deep invasion of drilling fluids into a permeable reservoir and the presence of moveable oil. The oil gradient calculated from formation pressures within the interpreted oil column suggests the presence of relatively light oil.

FROM ANN
The Sidi Dhaher discovery encountered a thick, porous and permeable Bireno reservoir of upper Cretaceous age overlaid with an 80 m sealing shale section. Subsequent down hole pressure measurements and sampling confirmed the presence of an oil column.



FROM ANN
The confirmation of recoverable volumes and resulting potential reserves are contingent upon a successful well test with the objective of proving commercial flow rates and likely recovery factors.

FROM ANN
ADX also continues the design work required in order to undertake an extended well test programme, which will take place in the event of a successful oil flow rate during the initial test period. This extended well test programme will provide additional production and reservoir performance information that will be used for field development and planning purposes.




I like the fact that ADX seem confident enough to be looking beyond initial testing and allready planning for an extended test progamme.
They seem confident.

All the best everyone hang in there, looking good.

Cheers LWR