Acclaim Energy Says Acheson 2-26 Well Under Control



Acclaim Energy Trust reports that the first of two relief wells being concurrently drilled successfully intersected the casing of the Acheson 2-26 well which has been burning since December 12, 2004. At approximately 2:00 p.m. on Monday January 10, drilling mud pumped into 2-26 arrested the flow of gas and the fire was extinguished. The Acheson 2-26 well is located in Central Alberta, Canada.

The relief and surface well operations pumped cement into the Acheson 2-26 wellbore isolating the Nisku formation thereby ensuring that the well is secured.

In conjunction with the Alberta Energy and Utilities Board (AEUB), Acclaim will continue to monitor the well to ensure there is no possibility that the flow of gas could resume. A post incident review to determine the root cause(s) of the incident has been initiated.

The incident, while significant, has not had a material impact on Acclaim's ongoing operations.
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 - Acclaim Energy Says Acheson 2-26 Well Under Control (Jan 12)