ADX Energy Testing Venture in Iecea Mare Production License in Romania
Drilling Activity Details
Drilling Activity Summary
Description
ADX Energy is testing the #1-Iecea Mica discovery in Romania’s Iecea Mare Production License. The company is currently acidizing the well and will back-flow the well after nitrogen injection with coiled tubing. There was an unreported amount is gas flow at the surface after a 12-hour after back flow with nitrogen. ADX will monitor the well to determine if the reservoir has residual acidizing liquids and dissolved materials to be evacuated. The well encountered gas across three zones with approximately 20 Bcf of 2C contingent resources. The Pannonian Basin reservoir has a large stratigraphic upside potential which will be further quantified in the near future with the planned high-resolution 2D seismic program scheduled for the third quarter. Perth-based ADX has a 100% operating interest in the Iecea Mare Production license and wells.
ADX Energy is testing the #1-Iecea Mica discovery in Romania’s Iecea Mare Production License. The company is currently acidizing the well and will back-flow the well after nitrogen injection with coiled tubing. There was an unreported amount is gas flow at the surface after a 12-hour after back flow with nitrogen. ADX will monitor the well to determine if the reservoir has residual acidizing liquids and dissolved materials to be evacuated. The well encountered gas across three zones with approximately 20 Bcf of 2C contingent resources. The Pannonian Basin reservoir has a large stratigraphic upside potential which will be further quantified in the near future with the planned high-resolution 2D seismic program scheduled for the third quarter. Perth-based ADX has a 100% operating interest in the Iecea Mare Production license and wells.