Icon Energy Updates on Halifax 1 Shale Gas Well (Australia)

Icon Energy Updates on Halifax 1 Shale Gas Well

Icon Energy provided an update in relation to the drilling of the Halifax 1 well in ATP 855P, located in the Cooper Basin, Queensland.

The company has been advised that the Halifax 1 well has reached a drilled depth of 3,885 metres.

Since the last advice to the market on 18 September the well has drilled a further 25 metres and is drilling ahead in the Patchawarra Formation.

A 25 metre core was cut in the Patchawarra Formation on Thursday 20 September. An evaluation of the two cores cut in Halifax 1 will commence shortly and is expected to take at least two months to complete.

Wireline logging was used to gather information for mineralogy across the REM section.

The Roseneath-Epsilon-Murteree (REM) sequence, as measured from the wire logging data, came in as prognosed with a thickness of approximately 460 metres. This compares to 393 metres in Encounter 1 (PEL 218) drilled 12 kms to the south–west.

Upon reaching total depth the well will be cased and suspended, with planned hydraulic fracture stimulation in Q4 2012.

[mappress]
LNG World News Staff, September 25, 2012