Burleson Energy Limited (ASX:BUR) Wilcox Drilling Campaign Update Heintschel #1 Well Gas Shows
Sydney, April 19, 2010 AEST (ABN Newswire) - Burleson Energy Limited (
ASX:BUR) advises that a strong gas show has been encountered whilst drilling in the targeted Wilcox reservoir sands. The significance of this gas show will not be definitively known until the well reaches total depth and the formation has been logged and tested. As at 6am on 18 April, 2010 (Texas time), the Heintschel #1 well was at a depth of 11,402 feet (~3,475 metres) and remained within the primary reservoir target of the Wilcox sands. Total depth for the well is expected to be ~11,750 feet (~ 3,851 metres).
A further update will be provided once the well has reached total depth and electric logs have been run.
Participants in Heintschel 1 are:
Burleson Energy Limited (BUR) - 38.00%
AKG Energy, L.P (AKG) operator - 16.50%
New Standard Energy Limited (ASX:NSE) - 32.50%
Others Parties - 13.00%
Contact
Mike Sandy
Managing Director
Tel: +61-2-9450-2002
Fax: +61-2-9986-1753
Email: info@burlesonenergyltd.com
www.burlesonenergyltd.com
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