Bengal Energy finds 9.1 m net pay at Cuisinier 4 w
Bengal Energy finds 9.1 m net pay at Cuisinier 4 well
2012-06-04 08:43 ET - News Release
Mr. Bryan Goudie reports
BENGAL ANNOUNCES EARLY RESULTS FROM CUISINIER DRILLING CAMPAIGN
Bengal Energy Ltd.'s Cuisinier 4 well, the first well in the 2012 Cuisinier appraisal drilling campaign on the Barta block portion of ATP 752P in the Cooper-Eromanga basin, Australia, is to be cased as a future oil producer. The Cretaceous Murta-member DC70 sand was the primary target, and the zone came in high to prognosis, encountering approximately 21.8 metres of sandstone with a preliminary estimate of a minimum of 9.1 metres of net pay. The entire Murta interval was cored by the operator with a total of 51.2 metres of core cut (49.5 metres recovered). There were hydrocarbon indications through the entire Murta member, approximately 37 metres in total.
Cuisinier 4 is located approximately 600 metres northwest of the Cuisinier 1 discovery well. Three additional wells will follow immediately, with the next being Cuisinier 5, located approximately 1,600 metres south of Cuisinier 1. The operator expects to commence completion activities in July once the drilling campaign has been completed.
Bengal holds a 25-per-cent working interest in the Barta permit, ATP 752P.
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