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Bengal Energy Announces Casing of Cuisinier 2 Appraisal Well in Australia and Appoints Chief Executive Officer
Bengal Energy Announces Casing of Cuisinier 2 Appraisal Well in Australia and Appoints Chief Exec...
About this update from Bengal Energy Ltd.
[{"type":"text","content":"\n\n\n\n Nov. 26, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nCALGARY, Nov. 26 /CNW/ - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to report that the second well in its 2010 onshore Australia\n drilling program, the Cuisinier 2 appraisal well (the "Cuisinier 2\n Well"), is being cased to 2,037 meters total depth by the operator\n (Santos) as a potential Murta zone oil well.\n\n\nThe Cuisinier 2 Well is located on the Barta sub-block (the "Barta\n Block") of the Cooper Basin in the State of Queensland, Australia,\n within Authority to Prospect ("ATP") 752P and approximately 450 meters\n northeast of the Company's Cuisinier 1 oil discovery. The Cuisinier 2\n Well targeted the Cretaceous Murta sandstone and encountered an upper\n Murta zone within the same oil column as the offsetting Cuisinier 1\n well. Logs indicate that a gross channel thickness of 7.5 meters was\n penetrated in the upper Murta with up to seven meters of effective\n porosity and potential net pay. The upper Murta zone was not tested and\n potential productivity rates will be evaluated after perforation and\n testing. Moderate oil shows were also seen in two additional deeper\n Murta sands which, based on logs, indicate additional potential for\n approximately seven meters of possible incremental net oil pay that if\n validated from testing would be below the oil water contact originally\n postulated at the Cuisinier 1 well. Further t...