Brisbane, June 3, 2008 AEST (ABN Newswire) - Queensland Gas Company Limited (ASX:QGC)(PINK:QGSCF) Announce the drilling report as at 6:00 AM June 2, 2008.
Glendower #1
Spud Date 16 May 2008
Rig Release Date
Permit ATP 648P in which QGC holds a 55% interest, BG International holds 13.75% interest and Origin Energy CSG holds 31.25% interest.
Location Latitude: 27o 24' 02" S Longitude: 150o 57' 12" E
Rig Des Caling Rig #3
Objective Glendower #1 is part of QGC's 2007/08 core drilling program designed to investigate the CSG potential of QGC Surat acreage. The well is designed to collect coal and shale samples from the Juandah Coal Measures, Tangalooma Sandstone and Taroom Coal Measures as well as allow permeability and stress testing.
Glendower #1 reached a total depth of 726m
After wireline logging and testing, the well will be suspended for possible conversion to a monitoring well.
Current Operations The rig is currently wireline logging.
Connor #1
Spud Date 20 May 2008
Rig Release Date 1 June 2008
Permit ATP 632P in which QGC holds a 80% interest and BG International holds 20% interest
Location Latitude: 26o 31' 14" S Longitude: 150o 04' 39" E
Rig Des Caling Rig #2
Objective Connor #1 is part of an extended exploration program designed to adequately evaluate the CSG potential in ATP 632P. The well is designed to investigate the net coal of the Juandah and Taroom Coal Measures and Tangalooma Sandstone and test the production capability of the Juandah Coal Measures.
Connor #1 reached a total depth of 849.93m after intersecting 31.3m of coal in the Juandah and Taroom Coal Measures and Tangalooma Sandstone.
After wireline logging, three Drill Stem Tests will be conducted to evaluate the permeability of the Juandah and Taroom Coal Measures seams. After testing, the well was suspended awaiting decision on completion.
Current Operations The well is suspended.
Codie #7
Spud Date 24 May 2008
Rig Release Date 29 May 2008
Permit ATP 620P in which QGC holds a 47.5% interest, BG International holds 11.875% interest and Origin Energy CSG holds 40.625% interest.
Location Latitude: 27o 00' 03" S Longitude: 150o 23' 40" E
Rig Ensign International Energy Services Rig #34
Objective Codie #7 is part of an on-going appraisal drilling program designed to test the production capability from ATP 620P/PLA 180. The well is designed to access the Juandah and Taroom Coal Measures for immediate production testing.
Codie #7 reached a total depth of 839.92m after intersecting 22.3m of coal in the Juandah and Taroom Coal Measures and Tangalooma Sandstone.
After wireline logging, all significant seams in the Juandah and Taroom Coal Measures will be underreamed and 7" pre-perforated casing set across both the Juandah and Taroom Coal Measures.
Current Operations The well is suspended awaiting arrival of a workover rig.
Codie #11
Spud Date 29 May 2008
Rig Release Date
Permit ATP 620P in which QGC holds a 47.5% interest, BG International holds 11.875% interest and Origin Energy CSG holds 40.625% interest.
Location Latitude: 27o 01' 12" S Longitude: 150o 22' 07" E
Rig Ensign International Energy Services Rig #34
Objective Codie #11 is part of an on-going appraisal drilling program designed to test the production capability from ATP 620P/PLA 180. The well is designed to access the Juandah and Taroom Coal Measures for immediate production testing.
Codie #11 reached a total depth of 845m.
After wireline logging, all significant seams in the Juandah and Taroom Coal Measures will be underreamed and 7" pre-perforated casing set across both the Juandah and Taroom Coal Measures.
Current Operations The well is currently preparing for wireline logging.
Contact
Tel: (61) 7 3020 9000
Fax: (61) 7 3012 8411
Website: www.qgc.com.au
Email: qgc@qgc.com.au
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