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ENERGY NEWS

 
     
 

Outlar-1 well shows promise

Posted: 15 October 2007

Antares Energy reported the Outlar-1 well on the West Wharton project has been successfully flow tested.

The well was produced for a two day period on a very restricted choke, at a rate averaging around 1.7 million cubic feet of gas per day (MMcf/d) and 120 bbls of condensate per day and there was no water.

"This is an excellent result and we expect the well will produce in line with our expectations," said Mr Howard McLaughlin, Managing Director of Antares Energy Limited.

"We feel at this stage this well will be a strong producer and these results increase the likelihood of successful wells on the adjacent follow up prospects."

The flowing pressure was in excess of 7,000 psi and steady. The rate was intentionally restricted during the cleanup phase to ensure minimum reservoir damage was caused. Pressure data indicates the well is capable of a higher sustainable production rate.

The well is currently shut in for a pressure build up and pipeline connection options are being assessed.

The gas had a fairly low level of carbon dioxide and is likely to be within normal pipeline specifications.

 

 
     

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