Leyshon Achieves Gas Flow from China Well

Leyshon Resources has said that its ZJS5 well from its Zijinshan Gas Project in Ordos Gas Basin in Central China has achieved a gas flow rate of 160,000 scf/day.

The initial flow rate recorded on the single zone exceeds management's internal estimate for commercial production of 125,000 scf/day. Analysis of the results to date suggests that further flow may be possible from untested potential pay zones.

The well has been ‘shut in’ for a period of two weeks during which pressure tests will be undertaken. The field work for the 318 kilometer 2D seismic program has been completed and interpretation is underway.

Managing Director Paul Atherley commented: “We are delighted to report that one of the two first wells drilled has recorded commercial flow from a single pay zone with further production possible from additional zones. Well ZJS5 is located in the heart of the target area and this positive result is a very encouraging early step in de-risking the project.”

All three wells, ZJS5, ZJS6 and ZJS7, are part of an initial programme designed to explore and test the potential for commercial gas production in a highly prospective and unexplored 380 km2 central depression area that appears to demonstrate good continuity with the neighbouring Sanjiaobei discovery.