Cooper Basin focused oil & gas exploration company, Real Energy Corporation Limited (Real Energy), reported Wednesday that completion and testing operations are progressing well on its two maiden Cooper Basin wells, Tamarama-1 and Queenscliff-1 in Queensland, Australia.
Real Energy can confirm that gas has flowed to surface at Queenscliff-1 and the company plans to complete and test several zones in each well, covering both the Patchawarra and Toolachee formations.
Queenscliff-1 has been perforated and flow tested over the Toolachee and Patchawarra formations interval, while at Tamarama-1 the pressure build-up survey of the upper Patchawarra Formation section has been completed and the Toolachee Formation will be perforated and tested in the next few weeks.
Further information on the completion and testing program in ATP927P is included below:
Commenting on the initial testing results at Queenscliff-1 and Tamarama-1, Real Energy’s Managing Director, Scott Brown said: “This is an important discovery for both Real Energy and the development of gas on the Queensland side of the Cooper Basin.
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