Galilee Energy Limited says that preliminary analysis of the cased hole logs on the Hoffer B1 well in Lavaca County, Texas, has identified a number of significant gross sandstone intervals in the lower section of the well. This is in addition to the 43 ft of net pay in the Middle Midcox sandstones and potential 40 ft pay zone in the shallower Yegua Formation previously disclosed.
As previously advised, the Operator was unable to obtain open hole logs in the deeper section of the hole. Following the running and cementing of production casing, the Operator ran a cased hole logging suite. Processing and interpretation of these logs can allow for a qualitative evaluation of the potential productive zones in the well, but cannot directly quantify net pay.
The processing and interpretation of the logs to date is very encouraging and is strongly correlated to the shows identified during drilling, and the open hole log data where it is available.