Real Energy Flows gas from Second Cooper Basin Well

Cooper Basin focused oil & gas exploration company Real Energy has said that gas has flowed to surface at Queenscliff-1 well.

It further added that completion and testing operations are progressing well on its two maiden Cooper Basin wells, Tamarama-1 and Queenscliff-1.

The company plans to complete and test several zones in each well, covering both the Patchawarra and Toolachee formations.

Queenscliff-1 has been perforated and flow tested over the Toolachee and Patchawarra formations interval, while at Tamarama-1 the pressure build-up survey of the upper Patchawarra Formation section has been completed and the Toolachee Formation will be perforated and tested in the next few weeks.

Company said it is on track to certify gas reserves and develop Tier-1 gas development.