(MENAFN- ProactiveInvestors - Australia) Pyrme Energy (ASX: PYM) is preparing to carry out completion operations at its Rosewood Plantation 21H-1 well in Texas after drilling of the lateral section was concluded.
Flow testing is expected to begin later next week.
While drilling took longer than expected due to unstable sands creating unfavourable conditions for running the intermediate casing, Rosewood Plantation 21H-1 has intersected a number of fracture systems in the lateral portion of the well.
This has resulted in the flow of oil and gas to surface at various stages.
Pryme has a 61.53% working interest in the well and a 40% interest in Turner Bayou Project.
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