Icon Energy provided an update in relation to the drilling of the Halifax 1 well in ATP 855P, located in the Cooper Basin, Queensland.
The company has been advised that the Halifax 1 well has reached a drilled depth of 3,885 metres.
Since the last advice to the market on 18 September the well has drilled a further 25 metres and is drilling ahead in the Patchawarra Formation.
A 25 metre core was cut in the Patchawarra Formation on Thursday 20 September. An evaluation of the two cores cut in Halifax 1 will commence shortly and is expected to take at least two months to complete.
Wireline logging was used to gather information for mineralogy across the REM section.
The Roseneath-Epsilon-Murteree (REM) sequence, as measured from the wire logging data, came in as prognosed with a thickness of approximately 460 metres. This compares to 393 metres in Encounter 1 (PEL 218) drilled 12 kms to the south?west.
Upon reaching total depth the well will be cased and suspended, with planned hydraulic fracture stimulation in Q4 2012.
LNG World News Staff, September 25, 2012
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Source: http://www.lngworldnews.com/icon-energy-updates-on-halifax-1-shale-gas-well-australia-2/
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