Oilex has advised that Cambay-73, the third well in the Cambay Field appraisal program, is at a depth of 2,030 meters and conducting an open hole drill stem testing ('DST') program. Pressure and flow data collected during this program will be further evaluated to determine the potential for production at commercial rates from the tested zones.
The workover rig is continuing operations on Cambay-19Z for the cased hole testing program of the extensions to the Basal EP IV oil zone.
Most essential equipment arrived at the Cambay-19Z location and is being installed in preparation for DST#2. Test intervals have been selected over a number of separate units of variable thickness in the Basal EPIV section.
A program of open hole drill stem tests are currently being run over the Basal EPIV and EPIII/ EPIV intervals to determine the hydrocarbon flow characteristics of a number of anomalous zones.
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