Sea Dragon provided the following update on its drilling operations in Egypt.
p>Sea Dragon provided the following update on its drilling operations in Egypt.
Kom Ombo Block 2:
The Al Baraka #6 well was drilled to a total depth of 5,035 ft in the Six Hills Formation. An extensive coring and logging program was carried out on this well being the first of the company's ten well programme for 2010. A total of nine cores (600 feet) were cut which will be analysed for geological and engineering data to help in the design of an expected fracturing program of existing producers and future wells in the Al Baraka Field.
Preliminary analysis of the cores indicate oil saturation in the Abu Ballas and Six Hills F formations. Net pays are estimated at 30 feet for the Abu Ballas Formation and 75 feet in the Six Hills F Formation. The estimated pay in the Six Hills F formation show significant thickening and contain two zones, the upper zone shows a lateral communication with al Baraka 2 while the lower is a new zone. Completion and testing operations will now be carried out on the Six Hills F lower zone pending the mobilisation of fracturing and testing equipment. The Six Hills E sands appear to be absent in this well.
The drilling rig will now move to the Al Baraka#5 location expected to spud soon.
Sea Dragon has a 50 per cent working interest in the Kom Ombo Concession which it is jointly operated with Dana Gas Egypt.
NW Gemsa:
The Al Amir SE#6 well has reached its final depth of 13,900 ft. in the Lower Rudeis Formation. The well was logged, cased and is currently undergoing completion and testing operations. The primary targets being the Upper Shagar and Lower Rahmi sands in the Kareem Formation were found oil bearing with net pays of 30 ft. and 24 ft. respectively. Additionally, Petrophysical analysis of the deeper Lower Rudeis Formation shows an 8 foot net pay section and a substantial amount of gas, which will be perforated and flow tested for pressures and fluid content. This will provide further analysis to determine if the Nubia sands have hydrocarbon potential and if another well is merited to drill down to the Nubia zone.
As reported earlier, once testing operations are completed in the Lower Rudeis Formation, the well is planned to be plugged back and completed in the Kareem Shagar formation as an additional producer.
