Chinook Energy Inc. says that the El Bell exploration well on the Sud Remada Permit has been cased and suspended pending further analysis of wireline testing information. Depending on further interpretation, the well may be completed and production tested in the target Ordovician zone, completed for use as a water source well in a shallow water-bearing zone, or abandoned.

The well was spud on June 6, 2013, drilled to a total depth of 1,375 meters, evaluated and rig released on June 24, 2013 at an estimated cost of $3.4 million.

The Foradex 14 drilling rig will move back to the BBT Concession where it will perform completion and workover operations for approximately ten days prior to moving to the next drilling location at TT-20. TT-20 is the third of a six to seven well drilling program planned for 2013 on the BBT Concession.

Tags: Chinook Energy