Area Drilling

Aug. 2, 2004
Quadra Resources Corp., Calgary, signed a farmout with Canadian and Egyptian companies that covers the 7.5 million acre Nuqra Block 1 in the Kom Ombo rift basin in southeastern Egypt.

Egypt

Quadra Resources Corp., Calgary, signed a farmout with Canadian and Egyptian companies that covers the 7.5 million acre Nuqra Block 1 in the Kom Ombo rift basin in southeastern Egypt.

Farmees are units of TransGlobe Energy Corp., Calgary, and Rampex Petroleum International, Cairo.

TransGlobe agreed to provide at least $2 million within 16 months for first stage work required by the concession agreement. It will have an option to provide $4 million to perform second stage work to earn a 50% working interest. TransGlobe will act as operator on behalf of Quadra and Rampex.

Quadra has 4,000 line km of recent 2D seismic data and has identified 13 seismically defined exploratory leads on Nuqra, near Luxor on the Nile east bank. Well data from Nuqra confirm existence of Cretaceous and Jurassic sandstone formations that may hold potential for significant discoveries, the company said.

Centurion Energy International Inc., Calgary, holds rights to 5.6 million acre Block 2 in the Kom Ombo basin (OGJ Online, May 14, 2004).

Ontario

Greentree Gas & Oil Ltd., London, Ontario, said it hopes to evaluate Silurian Thorold, Ordovician Trenton/Black River, and as much as 65 m of Cambrian rocks at the No. 66 well spudded in mid-July in southwestern Ontario southeast of London.

The well, projected to 1,200 m, will be Norfolk County's first test to comparable depths in several decades.

An earlier well 17 km north of the No. 66 drill site flowed 280 Mcfd of gas and 1 b/d of oil from Cambrian, and the Innerkip Pool 60 km north has produced 30 bcf of gas from Cambrian, Greentree noted.

The company also applied for a drilling permit to test a potential extension of a recent Silurian Grimsby formation gas north of West Lorne, 40 km southwest of London.

Data compiled at the Ontario Ministry of Natural Resources indicates that three of the recent discoveries in the West Lorne area had initial flow rates of 1.2 to 4.2 MMcfd with 980 psig reservoir pressure. Greentree has production infrastructure in the immediate area.

Colorado

Petroleum Development Corp., Bridgeport, W.Va., plans to spud a wildcat projected to 12,000 ft in the Sand Wash basin.

The Fox Federal 1-13, in 9n-97w, Moffat County, 40 miles northwest of Craig, is to evaluate the Mesaverde formation. The company has a 100% working interest in the well, which will cost $1.2 million if dry and $2 million if completed.

Texas Gulf Coast

Dune Energy Inc., Houston, said as many as four more development locations are indicated around the Rob Welder-1 well, an Eocene Yegua completion on the Welder Ranch in Victoria County.

It flowed 1.25 MMcfd of gas and 8 b/d of condensate from 5,650 ft. The extended production test was on a 12/64 in. choke with 1,730 psi flowing tubing pressure, and only 8 ft of the calculated 23 ft of net pay is perforated.

Dune said it anticipates numerous other drilling opportunities encompassing the entire suite of prospective horizons including Frio, Miocene, and Upper, Middle, and Lower Wilcox.