Alaska: Buccaneer tests gas at Kenai Loop well

Buccaneer Energy Ltd., Sydney, said the Kenai Loop-4 well on the east side of Alaska’s Cook Inlet tested gas to surface at 3 MMcfd on a 12/64-in. choke with 3,365 psi flowing tubing pressure. No water was detected, and gas was flared.

The test was carried out through perforations in a 10-ft section of the uppermost sand at 10,300 ft measured depth. This sand, one of seven stacked pay sands with gas shows encountered in Kenai Loop-4 to a depth of 13,000 ft, correlates to the 9,700-ft sand in the Kenai Loop-1 well.

Buccaneer, which has a 100% working interest in 9,308 acres in the development project area, plans to run a four-point test and disclose the results.

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