ACN 0.00% 28.5¢ acer energy limited

6 November 2009 INNAMINCKA Petroleum says AGL Energy, operator...

  1. 10,259 Posts.
    lightbulb Created with Sketch. 12
    6 November 2009

    INNAMINCKA Petroleum says AGL Energy, operator of the coal seam gas program for PEL 103 and PEL 103A joint ventures located in the Cooper Basin, has concluded drilling on the Merninie 2 coal seam gas exploration well.This was the first well in a three well programme.

    The company says Merninie 2 was unable to reach planned total depth of 550m due to deteriorating hole conditions. Coring was terminated at a total depth of 518m. Gas was observed evolving from cores and samples have been placed in canisters to measure desorbed gas.

    Merninie 2 has been plugged and abandoned and the rig has moved to the second well location, Merninie 3. Surface casing has been set and drilling is continuing ahead to core point.

    The three core hole drilling programme is expected to be completed before Christmas 2009.
    http://www.miningcoal.com.au/article/innaminicka-says-csg-exploration-well-has-been-terminated/504700.aspx
 
watchlist Created with Sketch. Add ACN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.