Drilling to begin at Polaris CSG project
Posted: 10 July 2008
Sunshine Gas Limited reported that initial site work has begun in preparation for drilling at Polaris, a new coal seam gas opportunity identified within the highly productive Walloon Coal Measures.
Recent work completed in adjacent permits has delineated certified reserves and contingent resources within a highly productive northern section of the Walloon Fairway. Polaris is situated within this fairway.
Based on regional well and seismic control, Sunshine believes that ~300km2 of permit area contains coal at suitable depths for CSG extraction. This data infers a significant gas resource.
An aggressive exploration/appraisal drilling program has been designed to rapidly confirm the net coal, gas content, permeability and productivity of both the Juandah and Taroom coal seams that make up the Walloon Coal Measures.
Up to 12 core and pilot wells will be drilled as part of this campaign over a 3 month period, with the first well, the Polaris 2 core-hole, anticipated to spud early next week.
Sunshine will also implement a production testing program with a view to identifying commercial reserves in the permit.
MHA Petroleum Consultants have been engaged for approval of a reserve certification program.
Posted by Richard Price, Editor, EnergyME.com
Information supplied by companies or PR agencies who are responsible for content.
Send press releases to richard@energyme.com |
