Exploration & Production | Drilling / Well Results | Field Development
PetroFrontier Evaluating Test Wells for Lower Arthur Creek
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PetroFrontier Corp. has announced that Statoil Australia Theta B.V., PetroFrontier's joint venture partner and the operator of the 2014 work program and budget has initially selected two of the wells from the 2014 WP&B for completion and testing.
The OzAlpha-1 and OzBeta-1 wells are believed to provide the best opportunities to test the concept of extracting oil from the Lower Arthur Creek and Thorntonia formations. Statoil has developed comprehensive completion and testing programs and has commenced operations on the OzBeta-1 well.
OzAlpha-1The OzAlpha-1 well was drilled to a total vertical depth (TVD) of 1,250 metres and encountered a combined total of approximately 88 metres of Lower Arthur Creek Hot Shale and Thorntonia formations, which is very near prognosis.
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