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3Legs Resources provides corporate update


Published Aug 23, 2013
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3Legs Resources

3Legs Resources plc announces the following corporate update.

Highlights:

Lebien LE-2H horizontal well

A natural flow test was commenced on 21 July 2013 and as at 20 August the well was flowing at approximately 300 mscf/d.

Preliminary analysis of the flow test data indicates an area of low conductivity in the vicinity of the well, potentially restricting the flow of natural gas into the wellbore, which may be addressed in future well and completion designs. Strzeszewo LE-1 vertical well

Flow testing commenced on 4 August 2013 using a nitrogen lift.

As at 20 August 2013, the well was continuing to flow back frac fluid and approximately 17% of the frac fluid originally injected had been recovered.

After being temporarily shut in to set down-hole pressure gauges, the well flowed natural gas and a flare was lit for a short period.

Tags: 3Legs Resources




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