MCF Energy Update of Drilling Operations on the Kinsau-1A Well in Germany
The RED Drilling Rig 202 has completed drilling out the abandonment mud and cement plugs in the 13 3/8-inch casing from the original Kinsau-1 well drilled by Mobil in 1983. The inspection of the casing and bonding cement was done with both mechanical and remote sensing tools and found to be in good condition. The seal capacity was tested by pressuring up to 61 bars (885 psi) which confirmed the ability of the pipe to hold pressure and isolate the shallow zones behind pipe. This casing protects the shallow ground water resources in this area. An offset water well has been drilled on the drill site and will be monitored to confirm there is no impact too these important water resources.
After testing of the casing and cement, a directional drilling assembly was used to enter the exposed section of rock below the casing and drill out of the old well bore. After several days the drilling, the bit broke out of the old hole and started making new hole. The target of this well is the Jurassic Purbeck carbonate interval that tested gas at high rates in Mobil's original Kinsau-1 well in 1983.
About
Additional information on the Company is available at www.sedarplus.ca under the Company's profile.
Cautionary Statements :
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE
Advisories :
Forward-Looking Information
This press release contains forward-looking statements and forward-looking information (collectively "forward-looking information") within the meaning of applicable securities laws relating to the Company's plans and other aspects of our anticipated future operations, management focus, strategies, financial, operating and production results, industry conditions, commodity prices and business opportunities. In addition, and without limiting the generality of the foregoing, this press release contains forward-looking information regarding the anticipated timing of development plans and resource potential with respect to the Company's right to assets in
The forward-looking information is based on certain key expectations and assumptions made by
Readers are cautioned that the foregoing lists of factors are not exhaustive. These forward-looking statements are made as of the date of this press release and we disclaim any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
Oil & Gas Advisories
Abbreviations: |
|
|
|
Bcf |
billion cubic feet |
Bcfe |
billion cubic feet of natural gas equivalent |
Bbl |
barrels |
Boe |
barrels of oil equivalent |
M |
thousand |
MM |
million |
MMbbls |
million barrels of oil |
MMBOE |
million barrels of oil equivalent |
MMcf |
million cubic feet of natural gas |
Mcfe |
thousand cubic feet of natural gas equivalent |
MCFD |
thousand cubic feet per day |
MMCFD |
million cubic feet per day |
MMcfe/d |
million cubic feet equivalent per day |
Tcf |
trillion cubic feet |
Km2 |
square kilometers |
€ |
Euros |
SOURCE