Solo Oil commences testing at the Ausable#5 well in South Western Ontario by its Joint Venture partner Reef Resources Limited (Reef).
Reef Resources Ltd. reports the contracted service rig is now on the Ausable # 5 well in preparation for the testing and completion. The completion program comprises drilling out cement and a bridge plug in the production casing, swab testing of the lower Goat Island zone and completion of the Guelph formation using a multi-stage selective acid treatment. After acidization the well will be flow tested over a period of several days to ensure clean up. These operations are expected to take between 15 to 25 days to complete.
Reef previously announced the log analysis on the Ausable # 5 well, with log analysis indicating 72 metres net pay of oil and NGL's in the Guelph and A2 formations.
Reef will be announcing test results after completion of Ausable #5 and the details of the next development steps in the Enhanced Oil Recovery - Natural Gas Liquids program in due course. The Ausable reef is currently on production and is generating revenue from the initial program which commenced in 4th quarter 2010.
Executive Director of Solo, Neil Ritson commented; "We are delighted that the programme is now underway and we look forward to the results of this important testing in the next few weeks."
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