EXPLORATION

Tomahawk maintains momentum

TOMAHAWK Energys latest quarterly report says the recently-listed Perth junior is doing well with...

Tomahawk maintains momentum

Tomahawk (formerly Providence Capital) and Metro late last year had struck hydrocarbons in five out of five new wells drilled in the Snell-Heirs project and were then drilling another three wells adjacent to the existing wells.

Tomahawk, which currently has interests in 10 wells, says the Snell Heirs 6-13, 7-13, and 8-13 wells had been perforated, acidised and fracture treated, though commercial flow rates had yet to be determined.

Snell Heirs 2-19 was flowing commercially from a conventional sand zone, with the aim to complete two unconventional shale zones. Snell-Heirs 3-19 was perforated in a shale zone and acidised and fracced.

Snell-Heirs 4-19 was flowing commercially and the resultant gas being sold, while the 5-19 well was flowing at sub-commercial rates from one sand, though there were plans to bring another interval into production.

Snell-Heirs 9-13 was still being evaluated after flowing gas form some sands, while Snell Heirs 1-20 was flowing commercially and a shale zone in the 4-13 well should soon be brought into production after being perforated and fracced.

Sophisticated energy infrastructure in Oklahoma, the fifth largest oil producing and third largest gas producing state in the United States, means exploration success can be turned into cash flow in about 180 days.

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