Enegi Oil (LON:ENEG) said that the pressure results from the ongoing chemical soak on the PaP#1 Garden Hill South well in Canada are positive, indicating improved connectivity between the well bore and the reservoir.
The pressure recovery rate is twice that observed prior to the work-over, while the bottom hole pressure of the well is higher than it was when the work-over commenced and is continuing to increase.
If the high connectivity is maintained, it would be expected to result in higher achievable production rates.
The plan is now to undertake a second high pressure chemical soak with the intent of improving connectivity further, planning for which is already underway.
“The good pressure recovery rates observed from phases of the work programme completed to date are encouraging.
“To ensure the best outcome for the well, we now need to take into account all of the data available to us in diligently and prudently planning our future work programme.
“We are also pleased to see work progressing on EL1070, as this activity helps in the de-risking of our Newfoundland regional development play as a whole,” said chief executive of Enegi Oil Alan Minty.
The update was provided by Enegi’s partner in the development of its Newfoundland regional play Dragon Lance Management Corporation (DLMC).