Flax Oil Production Imminent, Innamincka Declares
Australian firm Innamincka's 2008 drilling program of five wells was completed in May. All five wells, including three wells in the northern part of the Flax oilfield, were successful and were cased and suspended for future production.
Innamincka Petroleum anticipates oil production to commence from the Flax field in July, initially from the Flax 1 well followed by Flax 3, Flax 4 and Flax 2. The field compressor, which has been assembled and tested in Brisbane, will be installed in the field in July and gas injection is planned to commence in the August/September period. Starting in July, Flax 5, 6 and 7 and Flax East 1 will be fracture stimulated. These wells will be progressively tied into the field facilities as production wells. Innamincka Petroleum continues to target 1000 bopd production from the well pattern once full pressure support is established.
- Innamincka Restarts Flax Field's Production (Apr 01)
- Origin Encounters Good Gas Shows at Rockhopper-1 (Dec 29)
- AWE, Innamincka Take Bigger Bite of BassGas Project (Nov 11)