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Monumental Energy Announces Commencement of Copper Moki Workovers in New Zealand
Monumental Energy Corp. (“ Monumental ” or the “ Company ”) (...
About this update from Monumental Energy Corp.
[{"type":"text","content":"Monumental Energy Announces Commencement of Copper Moki Workovers in New Zealand\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }\n \n\n\n\n Monumental Energy Corp. (“\n \n Monumental\n \n ” or the “\n \n Company\n \n ”) (TSX-V: MNRG; FSE: ZA6; OTCQB: MNMRF) is pleased to announce that workover operations have commenced at the Copper Moki-1 and Copper Moki-2 wells, located in the Taranaki Basin, New Zealand.\n \n\n This press release features multimedia. View the full release here:\n \n https://www.businesswire.com/news/home/20250520976354/en/\n \n\n\n\n\n Taranaki Basin, New Zealand: Copper Moki-1, Rival Rig\n \n\n\n The workover program being carried out in conjunction with the Company’s partner, New Zealand Energy Corp., involves re-entering both wells to perform downhole cleanouts, replace tubing and rods, and perforate the Mt. Messenger formation. The objective is to restore production from the Mt. Messenger sands and resolve known flow restrictions identified in previous operations.\n \n\n Additionally, the wells have never undergone a full tubing replacement or sand cleanout, providing Monumental with the opportunity to perforate an unproduced zone. Having remained idle for 18 months, the wells also present potential for a significant flush production increase, further enhanced by the planned perforation of an additional 5-metre interval in the Mt. Messenger formation.\n \n\n\n Copper Moki-1 Workover Highlights:\n \n\n\n\n The well, drilled to a depth of 2,220-metres with 7” casing set at 2,214-metres, will be re-entered to retrieve approximately 600-metres of parted sucker rods and remove wax and sand buildup.\n \n\n A 5-metre interval of the Mt. Messenger formation, located at approximately 1,587 metres, will be perforated to access untapped hydrocarbon zones.\n \n\n New tubing, a tubing anchor, and a complete pump string will be installed to optimize production efficiency.\n \n\n The well will be fully equipped with a pump and rod system, after which flow testing will be conducted in preparation for a return to production.\n \n\n\n\n Copper Moki-2 Workover Highlights:\n \n\n\n\n The 2,084-metre well will undergo similar operations to Copper Moki-1, including a full tubing replacement and comprehensive well cleanout.\n \n...