AZA Basker 6 Production Tests
May 06 2008 - 3:04AM
UK Regulatory
RNS Number:7441T
Anzon Energy Limited
06 May 2008
ANZON ENERGY LIMITED (CODE: AEL)
6 May 2008
ANZON ENERGY LIMITED ANNOUNCES THAT ITS SUBSIDIARY
ANZON AUSTRALIA LIMITED (ASX CODE: AZA) MADE
THE FOLLOWING ASX ANNOUNCEMENT ON 5 MAY 2008
BASKER 6 ST1 WELL - PRODUCTION TESTS
The Basker 6 ST1 well, with its multiple packer completion, commenced production
testing over this past weekend. Tests were conducted individually over each of
the separately isolated zones; the shallower new pool discovery Sand 2872m and
the field-wide Intra-Latrobe sand zone 0. An aggregate oil rate of in excess of
8000 bpd was measured with individual sand rates as measured through the
production test separator of:
Reservoir Oil Rate Gas Rate GOR
(bopd) (MMscfd) (scf/bbl)
New Sand 2872 3980 0.5 130
Zone 0 4067 2.7 692
Zone 2 and 7 Yet to be tested
No free water was detected, only the completion brine during cleanup. Zone 2 and
7 (commingled) will be tested next. The well will then be suspended in readiness
for tie-back to the Crystal Ocean production facilities in July this year. It
is anticipated that given the lower than expected GOR's that this excellent well
will add significant oil rate to the facilities.
The participants in the Basker-Manta Joint Venture are:
Anzon Australia Limited 40% (Operator)
Beach Petroleum Limited 30%
CIECO Exploration and Production (Australia) Pty Ltd 20%
Sojitz Energy Australia Pty Ltd 10%
FOR FURTHER INFORMATION PLEASE CONTACT:
Anzon Energy Limited: Mr Tony Strasser +61 2 9922 7899
Grant Thornton Corporate Finance: Fiona Owen +44 20 7383 5100
This information is provided by RNS
The company news service from the London Stock Exchange
END
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