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Buccaneer encounters multiple gas shows at Kenai Loop


Published Oct 26, 2012
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Buccaneer Energy Limited

Buccaneer Energy Limited provided the following update on the progress of the 100 percent owned Kenai Loop # 4 well:

The proven productive sands in the Kenai Loop # 1 well were encountered as expected in the Kenai Loop # 4 well. The 9,700 feet sand in the Kenai Loop # 1 well is seen at 10,294 feet MD in the Kenai Loop # 4 well, the 10,000 feet sand in the Kenai Loop # 1 well is seen at 10,617 feet MD in the Kenai Loop #4 well.

The log while drilling (LWD) characteristics of the above sands, as seen in the Kenai Loop # 4 well, are similar to the known proven pay in these two productive sands in the Kenai Loop # 1 well.

Tags: Buccaneer Energy Ltd.



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