Scandoil  

Galilee upgrades CSG contingent resource estimates at ATP 529P


Published Sep 1, 2015
[an error occurred while processing this directive]

Edit page New page Hide edit links

Galilee Energy Limited

Galilee Energy Limited is pleased to announce the upgrade of its coal seam gas Contingent Resource estimation at ATP 529P located within the Galilee Basin in Queensland.

As a result of the step out drilling and pilot production testing completed in the permit the 2015 Contingent Resource estimation completed by MHA Petroleum Consultants LLC (MHA) covers a significantly larger area than previously assessed. This includes data from 8 step out wells as well as the pilot and pressure monitoring data from the Glenaras Pilot production completed subsequent to the 2011 SRK Consulting Report.

MHA have attributed the increase in the Contingent Resources to Galilee’s net equity interest (being 100%) in ATP 529P using the deterministic method to prepare the estimates of the Contingent Resources as at 31 August 2015.

The updated ATP 529P 2015 Contingent Resource estimation increases contingent resources by 868% (2C) and 388% (3C). The following table summarises the changes to the ATP 529P Contingent Resource.

Tags: Galilee Energy Limited




Advertisment:

Comments on this page are closed.

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml