The Perth-based company today said shows of hydrocarbons were observed at the well during drilling and wireline logs are now being run and evaluated there. Completion casing will be run to about 12,000ft preparatory to carrying out a production-testing program.
“Potential hydrocarbon pay has been identified over a number of sandstone reservoir intervals of varying quality, which correspond to reservoir units that have produced in the North Tejon gas and oil field,” Salinas said.
“The Windgap 42-36 has been designed to test a mapped extension of this field.
“Production testing is necessary to determine whether these zones will flow hydrocarbons at commercial rates.”
Salinas said it is now trying to secure a workover rig, which will be required for the test program.
The company has a 42.5% stake in Wingap, while Statesman Resources holds a 21.25% interest, Laris Oil & Gas 15%, Transerv Australia 12.75% and Solimar Energy 8.5%.
Meanwhile, Salinas said flow-testing operations over the upper zone of interest, between 12,140ft and about 12,460ft, in the North Yowlumne 1-26 well are continuing.
Perforations have been made over the gross interval between 12,310ft and 12,460ft and a downhole pump is being deployed, it said.
Salinas said it is funding 50% of the cost of the well to earn its 25% interest in the project. Other parties include operator NEG, with 6.25% interest, Ivanhoe Energy with 56.25% and Statesman Exploration with 12.5%.