“It is anticipated that testing of the combined 9.8 metre perforated intervals will begin in about 24 hours,” said Sun Resources.
“Following completion of operations on all log pay of interest, which may run for 30-40 days, a decision will then be made on which gas pay to produce first. The Joint Venture has approved the construction of a pipeline to connect the BG Webb-1 well to the Joint Venture’s gas gathering system for the Flour Bluff Field.”
The Flour Bluff Gas Project comprises the main Flour Bluff Gas Field (West) and the East Flour Bluff Gas Field.
“Drilling on the Flour Bluff Gas Field to date has provided an initial operators minimum estimate recoverable reserve of 104 billion cubic feet of gas,” said Victoria Petroleum.
“The continuing drilling program which has commenced on East Flour Bluff with the first of two wells, East Flour Bluff D-24, is targeting an interpreted additional recoverable gas reserve of 67 BCF of gas.”
Participants’ working interests in the Flour Bluff Project through their US wholly owned subsidiaries are Victoria Petroleum NL 12.5%, Sun Resources NL 12.5%, Aurora Oil and Gas Ltd (formerly Tony Barlow Ltd) 12.5% and US private investor companies 62.5%.
