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Bulgaria

By OGJ editors
HOUSTON, Sept. 28
– Direct Petroleum Exploration Inc., Denver, is testing the Deventci-R1 discovery well on the 1.2 million acre A-Lovech exploration block in northwestern Bulgaria 130 km from Sofia.

Liberty Energy Corp., Houston, which has an overriding royalty interest in the prospect, said well went to a total depth of 19,313 ft in the Lower Triassic Alexandrovo formation on the 15-20 sq km West Koynare structure. It is anticipated that the Deventci development will be tied into Aglen field 21 km away.

During a 12-hr shut-in period after initial testing, indicated bottomhole pressure was 11,500 psi. The well encountered gas saturated reservoirs in the Dolni Dabnik member of the Middle Triassic Doirentsi formation. Other potential reservoirs are in the Upper Triassic Rusinovdel and the Lower Jurassic Ozirovo formations. Casing was run to 19,280 ft.

Initial test results show that gas-condensate has a low sulfur content. Direct Petroleum plans to apply for a production license by the end of 2010, Liberty Energy said.


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