(MENAFN- ProactiveInvestors - Australia) Grand Gulf Energy (ASX: GGE) and Tamaska Oil & Gas (ASX: TMK) are preparing to spud a well in Iberville Parish, Louisiana, targeting 4.8 million barrels of oil and 17 billion cubic feet of gas.
The West Klondike Wilberts Sons LLC-1 well targets the Marg Tex, Lario and Upper and Lower Nod Blan sands, all of which produce in fields in the area.
There is also a larger, separate, high pressure, deeper Bridas prospect in the leased area that will require a separate well.
The target sands at Bridas have recently yielded a significant discovery about 2.5 kilometres to the northeast.
Tamaska has a 10.2% working interest in the West Klondike Prospect which covers 640 acres while Grand Gulf holds 10.5%.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.