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Tuesday, 07/30/2013 10:23:20 AM

Tuesday, July 30, 2013 10:23:20 AM

Post# of 70787
From Solimar Website regarding the well were partnered with them in!!

SELH (Solimar 100%, Operator)
Location: Central San Joaquin Basin on the south east plunge of the giant Lost Hills field anticline.
Description:
Area: 4,000 acres (gross)
Technical:

Shallow (2,000 to 4,000 ft), Pliocene gas accumulation on the plunge of the Lost Hills regional anticline. Gas dry and possibly biogenic. Mainly contained in thin (<25 ft), fine grained silty sands with strong stratigraphic control of the trap indicated.

Solimar has a +5 mmcfd capacity gas plant on site connected by Solimar owned pipeline to a gas export trunkline. A gas sales agreement is in place with a large gas producing company.

Gas previously production tested by SGY from the Jack Hamar 3-13 (two zones) and Jack Hamar 2-13 wells that were drilled by a prior operator and re-entered and tested by Solimar. The 3-13 well produced gas over a 6 month period at an average of 300 mcfpd.

Solimar owns 4 suspended well bores (2-13, 3-13, 4-13 and 1-24).

Target resource 40 bcf recoverable gas. Upside 100 bcf.

Forward Plan:

Complete testing program of the re-entered the 1-24 well and drill new appraisal well.



http://www.solimarenergy.com.au/solimar-projects.php?p=5
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