Metgasco to spud New South Wales coal seam gas exploration w...| MENAFN.COM

Thursday, 27 January 2022 05:18 GMT

Metgasco to spud New South Wales coal seam gas exploration well


(MENAFN- ProactiveInvestors - Australia) Metgasco (ASX: MEL) has mobilised a drill rig to spud the Bowerbird E04 coal seam gas well in the Clarence Moreton Basin, New South Wales. Bowerbird E04 in PEL 13 is a vertical exploration well designed to further assess the Walloon Coal Measures to the north of the Bowerbird E02 well that was drilled in 2010. It has a total planned depth of 550 metres and will be plugged and abandoned after drilling is completed. Following the completion of this well Metgasco will prepare to drill 3 lateral wells in PEL 16 to demonstrate the productivity of the coal seams and a conventional well to test the Greater Mackellar structure. Metgasco has a 100% interest in PEL13 and PEL 16, which have proved and probable reserves of 31 petajoules and 397 petajoules respectively.


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.