Empire to start fracking Beetaloo well in June
Sydney-listed Empire Energy expects to start the fracture stimulation and flow testing of its Beetaloo sub-basin vertical discovery well, Carpentaria-1, in early June, it said on April 23. It plans further seismic acquisition and horizontal appraisal drilling later this year.
The upcoming vertical fracture stimulation and flow testing programme on the well will provide critical insights into the hydrocarbon composition and flow rate potential of the key Velkerri shale zones encountered during drilling, the company added.
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“This will inform the fracture stimulation design and the zones of greatest interest as we plan for horizontal drilling later in the year,” managing director Alex Underwood said. “Our team has been busy preparing approvals for that next stage, which is now fully funded following our recent capital raise."
Empire Energy recently acquired a majority stake in fellow Australian explorer Pangaea Group’s Beetaloo sub-basin portfolio.