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Solimar Hits TD at Kreyenhagen Well; Runs Logs

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Solimar Hits TD at Kreyenhagen Well; Runs Logs

Solimar Energy Limited has reported that the Kreyenhagen Ranch 2-33 well (K 2-33) successfully reached TD at 1,472 feet measured depth on July 20 and electric logs were run on July 21.

The well was directionally drilled at a 48 degree angle and encountered over 600' of the Temblor formation heavy oil sands. Oil was present throughout the logged interval.

Logs are currently being analyzed by Schlumberger to determine rock and fluid properties including the percentage of oil and water in the rock. The results of the analysis are expected within a week. K 2-33 will be completed and placed on production, using a completion rig in due course, to obtain reservoir fluid samples and to evaluate the production performance of a deviated well on primary production.

Solimar plans to include the…

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