Icon Energy’s (ASX: ICN) first coal seam gas well in the Surat Basin, Queensland, has intersected a thicker than expected coal seam though the apparent low permeability requires further analysis.
Windom-1 intersected 11.8 metres of net coal in the Walloon Coal Measures though four drill stems indicated that the well was of low permeability.
Icon said the well will now be plugged and drilled and the Ensign Rig 960 moved to drill Eolus-1, the second of 2 wells it is drilling part of the second stage work program of Stanwell Corporation’s farm-in to exploration permit ATP 626P.
Stanwell had originally farmed in to earn a 50% stake in the Lydia block in ATP 626P.
However, a 4 well drilling program found the coal seams in the area had lower permeability than needed to proceed to a second pilot project.
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Windom-1 intersected 11.8 metres of net coal in the Walloon Coal Measures though four drill stems indicated that the well was of low permeability.
Icon said the well will now be plugged and drilled and the Ensign Rig 960 moved to drill Eolus-1, the second of 2 wells it is drilling part of the second stage work program of Stanwell Corporation’s farm-in to exploration permit ATP 626P.
Stanwell had originally farmed in to earn a 50% stake in the Lydia block in ATP 626P.
However, a 4 well drilling program found the coal seams in the area had lower permeability than needed to proceed to a second pilot project.
Read More
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