Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/leni-gas-oil-cases-well-gy-665-to-a-depth-of-2736-.shtmlLeni Gas & Oil cases well GY-665 to a depth of 2,736 feet
Leni Gas & Oil is pleased to confirm that well GY-665 has been cased to a depth of 2,736 feet
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Leni Gas & Oil is pleased to confirm that well GY-665 has been cased to a depth of 2,736 feet and that petrophysical analysis of the electric logs run to total depth have indicated the presence of a total of 526 feet of net oil pay; 270 feet in the Goudron sandstone and 256 feet in the Gros Morne sandstone.
Neil Ritson, the Company's Chief Executive, commented:"Based on the observed pressures and the extent of the pay we are confident that well GY-665 will have similar production characteristics to the recently completed GY-664 well which is now flowing naturally to tank at a stable pressure of 540 psi through a 6/32-inch choke. Spudding of the third well is likely within the next few days."
