The 210/24a discovery well
found oil inside the Brent reservoir with an oil column of approximately 100ft.
MEO has identified a deeper reservoir objective considered prospective for oil in the Ibu Alpha prospect near the NSO-2N discovery well
and has assessed this prospect to contain a mean prospective recoverable oil resource of approximately 24 million barrels.
TSX-V: TAO) (OTCQX: TAOIF), a Canadian-based production and exploration company with operations focused exclusively in New Zealand, has completed the initial flow test of the Sidewinder-3 discovery well
5 kilometers south of the G1-NC02 oil discovery well
horizontal development well, stepping out from the VOBM#1 discovery well
and targeting the Eagleford sandstone at a depth of approximately 13,500 feet and at a
The Cheal-C2 discovery well
achieved initial flow rates of approximately 14 million cubic feet of gas per day (~2,333 BOE per day), and with associated condensate production.
This appraisal well was drilled to a total depth of 31,030 feet in about 5,000 feet of water, south and 550 feet structurally up dip from the Heidelberg discovery well
, which had encountered more than 200 net feet of oil pay, added the company.
TSX-V: TAO) and (OTCQX: TAOIF) is pleased to report that a 4-Point Isochronal flow test was completed over the main discovery zone in the Sidewinder-2 discovery well
, which achieved stabilized flow rates of 8.
Perth, Australia, May 19, 2011 - (ABN Newswire) - Sino Gas & Energy Holdings Limited (ASX:SEH), an Australian company developing unconventional gas assets within the Ordos Basin, Shanxi Province China, has completed the mobilisation of all equipment for the flow test program on the TB09 Gas Discovery Well
TSX-V: TAO) and (OTCQX: TAOIF) is pleased to report the initial flow testing of the Sidewinder-4 discovery well
, the third of four Sidewinder wells to be tested, is now complete.
These flow tests achieved economic gas flow rates in tests of single formations, and in the case of the TB07 Gas Discovery Well
a significant economic flow estimated at 2,900,000 scf/day was achieved from a single formation without the need for fracturing.
TSX-V: TAO) and (OTCQX: TAOIF) is pleased to report that the initial flow test of the Sidewinder-3 discovery well
is now complete.