Companies
report gas find off east coast
Port Spain
Petroleumworldtt.com
01 27 08
Canadian Superior Energy Inc. and its partners
Challenger Energy Corp. and BG International Ltd.
have reported a new natural gas discovery off the
east
coast of Trinidad.
The discovery was made at the Victory well on
the Intrepid Block 5(c). The Victory well is the
first part of a three-well exploration program
planned by the partners.
Craig McKenzie, Canadian Superior's chief executive
officer, said in a statement that the Victory well
has an estimated flowing rate of over 100 million
cubic feet per day (mmscf/d) of natural gas and
is condensate rich.
"Further
analysis of the initial test results will be
conducted on the information we have received
and we will now focus on the next stage of the
testing program by moving up hole to complete at
least one more zone in the well before moving the
rig to our next prospect on Block 5(c) and spudding
the 'Bounty' well. This information will allow
Canadian Superior and the other participants in
the well to move forward with detailed reserve
analysis of the discovered resource."
Challenger is focusing on oil and gas plays offshore
Trinidad and Tobago and offshore Nova Scotia. It
is paying one-third of the initial exploration
program on Block 5(c) to earn a 25 per cent working
interest in Block 5(c).
Story from
Trinidad Express
Trinidad
Express
Wednesday,
January 23rd 2008
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