Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/drillsearch-provides-april-2013-drilling-and-opera.shtmlDrillsearch provides April 2013 drilling and operations report
The PEL 91 Joint Venture commenced a four-well exploration drilling program
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The PEL 91 Joint Venture commenced a four-well exploration drilling program with the spudding of the Kalladeina-2 well, targeting an extension of the oil play trend north of the Bauer Oil Field.
Wireline logs and a drill stem test confirmed 5m of net oil pay across the McKinlay-Namur interval, resulting in Kalladeina-2 being cased and suspended as a new oil discovery and future oil producer.
The company estimates that the gross 2P Reserves for Kalladeina-2 are approximately 400,000 bbls. The second well in the program, Smoky-1, spudded on 28 April 2013 and is currently drilling ahead to its primary target in the Namur Sandstone. The estimated prospect size for Smokey-1 is 960,000 bbls (Mean estimate).
