Empire Energy has executed a Drilling Contract with Ensign Australia for the drilling of the Carpentaria-5H ('C-5H') well in EP187. Drilling of C-5H is expected to commence in late October 2024.
- Ensign Rig 965 contracted to drill Carpentaria-5H in EP187
- Halliburton contracted to fracture stimulate Carpentaria-5H with 44,000 hydraulic horsepower (“HHP”) frac fleet - almost three times greater HHP than previous Carpentaria campaigns
- Carpentaria-5H will target a ~3,000 metre horizontal section and ~60 fracture stimulation stages in the Velkerri B Shale. The well will be completed with 5 ½” casing to allow double previous fracture stimulation pump rates to over 100 barrels per minute, which may drive productivity gains
- Carpentaria-5H expected to commence drilling in late October 2024 after Ensign Rig 965 is released from an existing contract
- Carpentaria-5H fracture stimulation expected shortly after rig release
Comments from Managing Director Alex Underwood:
'Empire is now entering an exciting phase, targeting commencement of sales from the Beetaloo.
Following the recent successful capital raising, the team has been progressing design and execution planning for the C-5H pilot development well and engineering works for the installation of surface facilities to allow for the sale of test gas into the McArthur River Pipeline.
We remain on track to drill and stimulate C-5H this year, with initial flow test results due in Q1 2025.
Engineering work on the surface facilities continues with installation on track for Q2 2025, with pilot production sales anticipated to commence in mid-2025 (subject to regulatory approvals for sale of test gas which are well advanced).'
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Source: Empire Energy
