Commenting on the results, Pancontinental CEO John Begg said:
“After reaching total depth of 2,970m or 9,750 feet, the Dempsey1-15 gas well has been completed with 5 1⁄2 inch casing for production testing.
In addition to potential gas pay identified in the shallower well section, wireline log data have confirmed a number of gas saturated zones in the deeper, primary targets. These are consistent with the earlier reported significant gas shows recorded during drilling.
We don’t have analogue producing well data from any other regional wells at the main target levels to aid in our interpretation so the testing is essential to prove whether the rocks are capable of commercial rates of flow.
So far however the well is showing every sign of being the breakthrough well that we have planned and positioned for in this Basin”.
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