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Marion Energy Inc (ASX:MAE) Operations Update - next wells to undergo workover operation

Preparations for Workover Operations Commence at Ridge Runner 11-17 and 2-19 Wells Located at Clear Creek, Utah
 
Marion Energy Inc (ASX: MAE, MAEO, MAEA) advises that it has commenced preparations for workover operations at the Ridge Runner (“RR”) 11-17 and 2-19 wells at its Clear Creek project.
 
Based on the positive initial results of workover operations currently being undertaken at the RR 13-17 and other wells at its Clear Creek project, Marion has decided to move forward with preparations for the workover of the next two wells as part of its plan to put the wells at the Clear Creek project on production.
 
At this point in time, the next wells to undergo workover operations will most likely be the RR 11-17 and 2-19 wells that are located on the same production pad as the RR 13-17 well currently undergoing workover operations. During an extended production test after the initial drilling and completion phases, the RR 11-17 generated in excess of 5 million cubic feet of natural gas per day. The RR 2-19 was never formally tested but during drilling and completion operations had strong gas shows.
 
Marionhas a 100% working interest in these wells.
 
It is currently anticipated that workover operations on these two wells will commence in the early part of the June 2011 quarter.
 
Further updates will be provided as workover operations progress.
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