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Curzon Energy advancing Coos Bay well workovers

Published: 18:27 06 Dec 2017 AEDT

oil and gas operations
Well test results will be announced once all five have been completed

Curzon Energy Plc (LON:CZN) told investors that operations are underway at the Coos Bay coal bed methane project, where it is advancing workovers and clean-outs on up to five existing wells.

The clean-out work has been completed at the first well, 9-21, and the rig has now moved onto the next well.

WATCH: Curzon Energy's Coal Bed Methane project update

Following the clean-out operations at each well there will be a flow test, though the results won’t be released until all five have been completed - which is expected in early January.

"We are delighted that operations have commenced and look forward to updating shareholders on our progress in due course," said Stephen Schoepfer, Curzon managing director.

READ: Curzon Energy inks rig contract for Coos Bay workovers

The Coos Bay coal bed methane project spans some 45,000 acres in Oregon and is estimated to host 273bln cubic feet of contingent resources.

Phase 1 of development includes five low-cost workovers and the drilling of two new wells and the programme is expected to be completed in the second quarter of 2018.

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