FIELD ACTIVITIES / Abacan Resource Corp. Completes Ima #9 Well
ABACAN RESOURCE CORPORATION
TSE SYMBOL: ABC
NASDAQ SYMBOL: ABACF
JANUARY 21, 1998
Abacan Completes Ima #9 Well
CALGARY, ALBERTA--Abacan Resource Corporation today announced that
it has completed drilling its Ima #9 well, an offshore development
well located on the company's Ima Field in the Niger Delta. The
well was drilled to the North Ima Field, to a true vertical depth
of 12,940 feet (3,945 meters) and successfully logged through the
"F" sand located at 11,400 feet (3,475 meters).
The well is presently being completed in the "F" sand, on the
North Ima Field, which was discovered in June 1997 by the Ima #6
well. The well will be tied into the Ima Field production
facility upon completion and production testing is anticipated to
commence early next week.
The Ima #9 wellbore was also used to investigate a deep "X"
prospect, located at a true vertical depth of 12,940 feet (3,945
meters), identified by 3-D seismic. Upon drilling into this
objective, a high pressure regime was encountered which resulted
in an underground blowout. For safety and operational reasons,
drilling could not continue. The deeper "X" zone was controlled
and cemented.
Extensive sample analysis confirmed that new hydrocarbon fluids
entered the wellbore from the "X" zone. The commerciality of this
potential pay zone can only be confirmed by further drilling of a
new well. |
