International oil and gas company, Calima Energy Limited has officially ‘spudded’ the first well of a three well programme to test the prospectivity of the Montney Formation in the company’s 72,000-acre British Columbia lease holding.
The company expects the Calima-1 vertical well to be drilled to a total depth of 1,860 metres, with core data set to be collected over a substantial section of the Montney interval, followed by the acquisition of a full suite of wireline logs.
Calima plans to use wireline data to confirm the depth of the two horizontal wells (which will be drilled immediately after completion of the Calima-1 logging operations).
The wireline and core data combined will provide essential stratigraphic and rock property data that will be integrated with the results of the two horizontal wells to determine the productivity of the Montney Formation over the Calima Lands.
Alan Stein, Calima’s Managing Director said they are delighted to get this drilling campaign underway and are appreciative of the support of shareholders which enabled Calima to reach this milestone.
“The operations team are doing an outstanding job and we look forward to presenting further results over the next few weeks,” he added.
More information on the Calima’s Montney operations can be found here.
