Leni's 3rd Goudron Development Well Hits Oil Pay

Junior producer Leni Gas & Oil reported Tuesday that well GY-666, the third of its planned 30 new development wells on the Goudron field, onshore Trinidad, has intersected 185 feet of net oil pay in the Goudron sandstones.

Leni said the well has reached an intermediate depth of 1,667 feet measured depth and has been independently logged. It is now in the process of being cased before drilling ahead to the primary Gros Morne sandstone target – now expected at approximately 2,050 feet measured depth.

Leni Chief Executive Neil Ritson commented in a company statement:

"The drilling campaign remains on course and continues to give encouraging results. Below the Goudron sands in GY-666 we have encountered gas shows and pressures similar to those seen in the recent GY-665 well at Gros Morne level and are therefore expecting to drill a productive primary reservoir in the next week."


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