Weekly Progress Report for Woodada #19 Well
Document date: Wed 29 May 2002 Published: Wed 29 May 2002 13:08:35
Document No: 217025 Document part: A
Market Flag: N
Classification: Progress Report - Other
HARDMAN RESOURCES LIMITED 2002-05-29 ASX-SIGNAL-G
HOMEX - Perth
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Hardman Resources Ltd provides the following progress report on the
drilling of the Woodada #19 gas well. The well is being drilled
within the Woodada Production Licence (PL 5) located approximately
260 kilometres north of Perth, Western Australia.
Progress: (Last 7 days to 06:00 hours 29/5/02)
Total depth of 2,841 metres. Re-condition hole after DST #3. Run and
cement 7 inch (178mm) casing to 2,839 metres depth. Connect Blow Out
Preventer (BOP) to 7 inch casing. Run in hole with 6 inch drill string
and drill out cement plugs in casing.
Note: All depths are referenced to rig drill floor (KB).
Forward Programme:
1. Run Cement Bond Log to confirm integrity of cementing. Prepare to
conduct scraper run to clean casing of residual cement.
2. Conduct Cased Hole Test #1 (CHT#1) of potential hydrocarbon bearing
sandstones within basal Irwin River Coal Measures and High Cliff
Sandstone. The casing will be perforated over the test zones and the
well swabbed to recover fluids and/or stimulate flow.
Note: It is expected to take another three days (Saturday) to reach
this stage of the operation.
3. If the deeper zones tested by CHT#1 prove to be oil bearing the
well will be completed for oil production. If the deeper zones are
water bearing these zones will be cemented and CHT#2 undertaken.
4. Conduct Cased Hole Test #2 (CHT#2) over gas bearing zones within
the Carynginia Limestone to confirm the economic potential for gas
production.
Primary and Secondary Targets:
Refer to previous announcements.
Participants:
Hardman Resources Ltd 75%
Bounty Oil & Gas NL 25%
K Davies
COMPANY SECRETARY AND
CHIEF FINANCIAL OFFICER
Note: In accordance with Australian Stock Exchange Limited listing
requirements, the geological information supplied in this report has
been based on information provided by geologists who have had in
excess of five years experience in their field of activity.
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HDR
hardman resources limited