WestSide Corporation (ASX: WCL) has re-commenced drilling operations in its Bowen Basin coal seam gas (CSG) exploration tenements following recent wet weather across the region.
A total of nine wells are currently planned across ATP 688P and ATP7 69P. Further wells are planned, dependant on results from the initial wells in the program.
In response to promising gas content and saturation data from the MSM (Mount Saint Martin) #1 well, WestSide has commenced a program of several new exploratory and core wells in the region to further define the lateral extension of the target coal seams and appraise the gas contents over the wider area to extend the 3P reserves position in the tenement.
The MSM #5 core well and the MSM #6 and MSM#7 exploratory chip holes will test the extent of the resource previously identified at Mount Saint Martin. Core wells Mount Leslie #8 and Exmoor #9 will target the gas potential of new precincts in ATP 688P.
The MSM #2 appraisal well spud on 10 April and has reached its target depth of 680m. The well intersected 20m of net coal and is currently being tested across three seams. Following analysis of the DST results the well may be under reamed and completed for production testing.
The well has confirmed the presence of deeper coal seams towards the eastern flank of the Mount Saint Martin prospect that could significantly increase the Company’s CSG resource in the area.
The MSM #5 exploratory core hole spud on 12 April and is waiting on cement after setting surface casing at 121m.
The program is being drilled with the Boart Longyear operated TXD 180 rig and the Lucas 180 rig.
The company said Seismic acquisition in ATP 688P is planned to commence on 26 April.
Seismic data was acquired over 5 km at Mount Saint Martin in October and has been analysed to confirm the geological structure and now an additional 50 km of seismic has been planned over a wider area
http://www.proactiveinvestors.com.au/companies/news/6513/westside-corporation-re-commences-drilling-at-bowen-basin-cgs-wells-6513.html
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