PetroFrontier Corp. says that Statoil Australia Theta B.V. (Statoil), PetroFrontier’s joint venture partner and the operator of the 2014 work program and budget has completed testing operations at the OzBeta-1 well. The OzBeta-1 well was perforated over a 3 meter interval within the Arthur Creek Hot Shale from 1,347 to 1,350 meters depth.
A small water based hydraulic stimulation was successfully completed and a total of 137 m3 of water and 14.1 tonnes of sand were pumped into the well. Testing operations, utilizing a coiled tubing conveyed jet pump were then carried out. A total of 157 m3 of water was produced with no measurable volume of hydrocarbons. No oil or gas was produced and Statoil has informed PetroFrontier that the OzBeta-1 well will now be abandoned.