MARKETS

Asgard tests show more promise

BURU Energy says recent low-cost testing of its Asgard-1 unconventional vertical well in the Canning Basin recovered flow-rates of up to three million cubic feet per day from the Laurel tight gas formation.

Haydn Black

The testing was undertaken as part of the suspension program for the well, and used a technically advanced Schlumberger VX multi-phase flow meter, which enabled gas flow rates and well stream composition...

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