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DualEx Provides Operations Update
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About this update from Spartan Delta Corp
[{"type":"text","content":"\n\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR\n\n\nDISSEMINATION IN THE UNITED STATES/\n\n\nCALGARY, Feb. 14 /CNW/ - DualEx Energy International Inc. (TSX-V: "DXE")\nis pleased to provide an update of its operations.\n\n\nHungary\n\n\n-------\n\n\nFirst production from the Peneszlek field is expected in the second\nquarter of 2008 with the completion and tying-in of the PEN-104 well. The\nexport pipeline has been successfully tested and the gas processing facilities\n(currently being manufactured) are scheduled for delivery in April. The\nPEN-104 well is anticipated to be completed in March with production to follow\nshortly after facility installation. In addition, the already drilled PEN-9\nand PEN-12 wells are planned to be re-entered once the required wellbore\npermits have been obtained from the Hungarian government.\n\n\nThe acquisition of 100 square km of 3-D seismic in the Peneszlek area is\nplanned for the 2nd half of 2008. Upon completion, it is anticipated that\nseveral follow-up drilling locations may be identified.\n\n\nPortugal\n\n\n--------\n\n\nThe deepening of the two wells, Lapaducos-2 and Aljubarrota-4 is\nscheduled to commence shortly. The drilling rig is on site at Lapaducos-2 and\nis currently undergoing rigging up and component testing, standard procedure\ngiven that it is a new rig. The Lapaducos-2 operation involves deepening the\nwell to 1500 metres in order to evaluate the Upper Jurassic fractured\nMontejunto carbonate and Middle Jurassic Candieiros limestone targets. At the\nconclusion of operations at Lapaducos, the rig should be mobilized to the\nAljubarrota-4 location, which is planned to be deepened by 400 metres into the\nlower portion of the fractured Brenha Carbonate zone and underlying Brenha\ncarbonate grainstone zone. The third well in the program, Carascal (a Triassic\nsubsalt test), is anticipated to be drilled subsequent to the Aljubarrota 3-D\nsurvey.\n\n\nThe Torres Vedras 3-D survey is currently being recorded. This 117 sq km\n3-D survey is being recorded as follow up to a well drilled by DualEx's\npredecessor on a Jurassic reef prospect utilizing older 2-D seismic. That\nwellbore missed the reef although indications from the well data suggest\nproximity to a reef buildup. Several additional reef prospects (mapped with\nthe older 2-D data) will also ...