Origin Energy Tests Horseshoe 3 Appraisal Well

Origin Energy reports that a test of the interval 1,732–1,809 meters in the appraisal well Horseshoe 3 has flowed gas at a stabilized rate of 3.6 million cubic feet per day from the Triassic Rewan Formation at a pressure of 570 psi through a 1/2" choke.

Horseshoe 3 is located 25 km northeast of the township of Surat, Australia in permit ATP 375P held 100% by Origin Energy CSG Limited. This well drilled through the Rewan Formation underbalanced using a coiled tubing unit and liquefied nitrogen.

The well will be suspended for completion as a gas producer at a later date.