Byron Energy Limited has successfully completed the Byron Energy SM 6 #1 BP 02 well for future production. Utilising the Hercules 205 drilling rig, Byron re-entered the well and perforated the lower of the two hydrocarbon bearing sand lobes in the F40 Sand.

The project was completed on schedule and the Hercules 205 rig has been demobilised. The pressures encountered during the completion operation were as expected, based on data obtained whilst drilling in June/July 2014. As previously reported the SM 6 #1 BP 02 well:- •encountered two hydrocarbon bearing sands with combined net pay of 82 feet (25 metres) in the F40 Sand and several thin hydrocarbon bearing sands with combined net pay of 17 feet (5 metres) in the F30 Sand, and •as cased and suspended inside a caisson in July 2014.

The completion operation in the F40 Sand has extended the South Marsh Island 6 lease term by 180 days. Consequently, the lease expiry date has been extended from 30 June 2015 to 27 December 2015. During this period Byron will pursue various drilling options.

Tags: Byron Energy Limited