Sino Gas And Energy Holdings Limited (ASX:SEH) Complete TB09 Well Test Mobilisation
Perth, May 19, 2011 AEST (ABN Newswire) - Sino Gas & Energy Holdings Limited (
ASX:SEH), an Australian company developing unconventional gas assets within the Ordos Basin, Shanxi Province China, has completed the mobilisation of all equipment for the flow test program on the TB09 Gas Discovery Well.
As of 08:00 hours today, Sino Gas's testing contractor, CCDC Changqing Downhole Service Company (CCDC) is in the process of completing the 'rig up' of all equipment and will then proceed to conduct pressure tests and all pre-job safety checks. Sino Gas's operations team are providing on-site supervision. Over the next week, CCDC will perforate a single gas 'pay zone' and follow this with a flow test to measure gas flow and formation pressure.
Depending on the flow rate achieved, Sino Gas will determine whether to hydraulically fracture stimulate the zone to increase gas flow. Various pressure 'build up' tests will then be conducted over a testing period of up to 3 weeks to obtain the appropriate sub-surface data.
Further updates will be provided as the test proceeds.
Planned well testing program
Following the test on TB09, Sino Gas is planning to test the TB03, TB06 and TB08 Gas Discovery Wells with CCDC. This program is expected to last for around 3 months, depending on the length of each test.
Commenting on the well testing program, Sino Gas Managing Director, Stephen Lyons, said he was pleased to be commencing what will be a very active flow testing campaign on the Linxing PSC.
"The flow tests being conducted are designed to generate the data to confirm gas reserves as the Company moves towards its development planning.
Assuming successful tests on the wells, it is intended that they form part of the Company's Pilot development, which should see gas sales increase significantly as the Pilot proceeds," said Mr Lyons.
Contact
Stephen Lyons
Managing Director
Sino Gas and Energy
Tel: +86-139-1148-1669
+86-10-6530-9260
Email: slyons@sinogasenergy.com
Gavin Harper
Chairman
Sino Gas & Energy
Email: gharper@sinogasenergy.com
http://www.sinogasenergy.com
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