Austin Exploration Begins Drilling at Its Columbus #1 Well, Australia
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Austin Exploration announce that the second phase of drilling on Columbus #1 well has commenced.
The second phase of drilling involves drilling a deviated well bore that has been designed by Austin’s engineers to intersect multiple fracture networks and to maximize the potential oil pay-zone thickness of the reservoir. Upon drilling completion, the three wells will be sequentially flow tested with a view to simultaneously bringing them on to
production.
The three well program is being conducted in three phases:
Phase 1 – Sequentially drilling the upper vertical sections on the three wells – SUCCESFULLY COMPLETED
Phase 2 – Sequentially drilling the deviated well bore sections on the three wells – UNDERWAY
Phase 3 – Sequentially flow testing the three wells – NEXT PHASE
Austin is the operator of the Pathfinder project and controls a 100 percent working interest that covers 15,773 gross acres.
The Company looks forward to providing material updates on the drilling program as they occur.
Source: (October 4, 2016) Energy Business Review
To stop by Austin Exploration’s website, CLICK HERE
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