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Bengal's Drilling Campaign continues to show 100% Success Rate at Cuisinier in the Cooper Basin
CALGARY , May 24, 2013 /CNW/ - Bengal Energy Ltd. (TSX: BNG) ( " Bengal " or the " Comp...
About this update from Bengal Energy Ltd.
[{"type":"text","content":"\n\n\nCALGARY, May 24, 2013 /CNW/ - Bengal Energy Ltd. (TSX: BNG) (\"Bengal\" or the \"Company\") is pleased to announce that Cuisinier 11 (\"Cuisinier 11\"), the fourth well in the 2013 Cuisinier appraisal drilling campaign on\n the Barta sub-block portion of Authority to Prospect (\"ATP\") 752P in\n the Cooper-Eromanga Basin, in Queensland, Australia, has been cased as\n a future oil producer.\n\n\nThe Cretaceous Murta member was the primary target, and Bengal's\n preliminary petrophysical analysis shows approximately 2.3 metres of\n net pay in the Murta DC70 sand, notwithstanding that poor hole\n conditions prevented a full suite of evaluation logging from being\n acquired as planned.  Cuisinier 11 is positioned on the southern part\n of the Cuisinier structure and encountered the Murta DC70 target 7\n metres high to prognosis. This confirms the structural extension of the\n pool southwest towards the Barta North-1 well, and further confirms the\n area of the Cuisinier structure as defined by 3D seismic. The distance\n from the producing Cuisinier North-1 well to Cuisinier 11 spans a\n distance of some 5.5 kilometres with the Cuisinier 11 well situated\n approximately 2.6 kilometres southwest from the Cuisinier 1 discovery\n well.\n\n\nCuisinier 11 is the twelfth successful well of twelve drilled to date,\n continuing Bengal's 100% success rate in its Cuisinier drilling\n campaign. The rig will now be moved to spud the Cuisinier 9 well, which\n is located 1.7 kilometres south west of the recently cased Cuisinier 10\n well.\n\n\nBoth the Cuisinier 9 well and one contingent well are planned to\n immediately follow Cuisinier 11, and are targeting the Murta member\n reservoir targets. The wells are positioned to optimize pool\n productivity and to further define ultimate pool size.  Total drill\n depth is planned at approximately 1,750 metres per well, with drilling\n and evaluation time for each well anticipated to be approximately two\n weeks, excluding move times.\n\n\nThe operator expects to commence down-hole completion activities at\n Cuisinier in July, 2013 once the drilling campaign has been completed.\n\n\nBengal holds a 25% working interest in the Barta sub-block of ATP 752P.\n\n\nAbout Bengal\n\n\nBengal Energy Ltd. is an international junior oil and gas exploration\n and production company based in Calgary, ...