EXPLORATION

Amadeus rolls through US drilling campaign

AMADEUS Energy is currently participating in four US exploration wells two each in Texas and Lou...

Amadeus rolls through US drilling campaign

In Texas, the company said the eighth consecutive well drilled to date on the Ford East project, in which it holds an 82% interest, would today be completed for production.

The Red Bluff-16-5 well was drilled to a total depth of 3000 feet (914m) and encountered “good oil shows” in the Delaware/Ramsey Sand formation.

Today, the drill rig is expected to move on location to the next well, Red Bluff-16-6, in the program.

In Louisiana, Amadeus says the SL328-9 gas exploration well at the Lake Long field – where it is partners with Australian juniors First Australian Resources (FAR) and Sun Resources – was yesterday drilling ahead at a depth of 2100ft.

The wildcat, which spudded on Saturday, is expected to take 35-50 days to reach a total planned depth of 13,500ft.

It is targeting 21.7 billion cubic feet of gas and 760,000 barrels of oil if all three objectives – Lower, Middle and Upper Hollywood sands – are successful.

Amadeus holds a 21.9% stake in the Lake Long well, while FAR has 10.1875% and Sun Resources owns 10%.

FAR and operator Kriti Exploration have had a 100% success rate at Lake Long.

Elsewhere in the state, Amadeus is participating with a 25% interest in the Brushy Creek project, where the Bel Mineral-1 gas exploration well is about to spud.

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