Highlights

• Rex-2 successfully drilled to 3033m in eight (8) drilling days.
• The well had excellent quality reservoir releasing free oil on the shakers, shows (fluorescence and cut) and elevated gas readings were noted throughout the horizontal section.
• Elevated porosity levels of up to 21% were also recorded through the sand (Rex-1 - 15-18%).
• Drilling equipment is currently being demobilised and the completion company ‘Ironhorse” looking to mobilise to site over the next seven days.
• A 35 stage frac is currently planned for Rex-2.

Whitebark Energy Ltd announces that Wizard Lake Rex-2 well has been successfully drilled to 3,033 metres, on schedule and on budget. Initial indications are that an excellent quality reservoir has been encountered with excellent oil shows and higher porosity than the successful Rex-1 discovery.

The drilling company is currently conditioning the hole in preparation for an expected 35 stage frac program in the Rex reservoir zone in the horizontal section of the well between 1572-3033mMD. The program should commence within seven days and will use sliding frac sleeves to isolate each zone and focus the frac energy to ensure maximum penetration of the zone.

Whitebark Managing Director David Messina stated 
“We are very pleased with another successful well in the Rex play at Wizard Lake. We had an excellent result from Rex-1, and the improved reservoir quality and oil encountered during drilling of Rex-2 gives us enormous confidence in our future program.” 

Overview

The well intersected a virtually continuous reservoir section from the casing shoe (1572mMD) to the TD of the well at 3033mMD (length~1500m). From 1572mMD to 2730mMD, an excellent quality reservoir was encountered with porosity up to 21% (Rex 1 – 15%-18%). Free oil was evident on the shakers throughout drilling of this section and was accompanied by excellent oil shows (fluorescence and cut) and elevated gas readings. 

From 2730mMD to TD while the gas readings were still elevated, the oil shows decreased but fluorescence and light brown staining was still evident.

The results of the well will be analysed during the next seven days to determine the best stimulation program. It is anticipated each stage will emplace about 30 tonnes of proppant using a crossed linked gel to achieve high proppant concentrations at low pump rates. The frac design is based on the successful Rex-1.

The frac work is expected to be completed within two weeks and will be followed by normal clean-up flows. Rex-2 will be bought online after a short testing period.

KeyFacts Energy Industry Directory: Whitebark Energy