Total
0
Shares
Ansila (ASX:ANA) completes mini-frac at Siciny-2 well
  • Ansila Energy NL (ANA) has completed a mini-frac of the Siciny-2 well within the Gora concession in Poland
  • Halliburton has successfully performed a mini frac, prior to conducting a two-stage hydraulic fracture stimulation, which is scheduled for today
  • Early next year the company will be commencing a transient pressure build-up test at the site
  • On market close, Ansila remains steady and is selling shares for 4.1¢ apiece

Ansila Energy NL (ANA) has completed a mini-frac of the Siciny-2 well within the Gora concession in Poland.

Last week, the company completed the mobilisation of the Halliburton frac fleet and Weatherford well test equipment to the well site.

Ansila reported that the upper frac was installed and pressure tested ahead of the reservoir simulation.

Halliburton has successfully performed a direct formation injection test (DFIT), or mini frac, prior to conducting a two-stage hydraulic fracture stimulation, which is scheduled for today.

The Siciny-2 well covers 636 square kilometres of Gora in Poland.

Early next year the company will be commencing a transient pressure build-up test at the site.

Ansila acquired a 35 per cent earn-in transaction to the Hora and Nowa Sol concession, onshore in Poland from Gemini Resources.

The earn-in agreement will see Ansila spending $6.15 million on those two concessions with work programs designed to unlock and prove the commercial viability of two potentially large unconventional resources.

The company said it looks forward to providing investors with further updates as it progresses through the Siciny-2 well stimulation and test operations during the remainder of the year and into 2020.

On market close, Ansila remains steady and is selling shares for 4.1¢ apiece.


Subscribe


ANA by the numbers
More From The Market Herald
Comet Resources (ASX:CRL) to purchase a new copper project in NSW

" Comet Resources (ASX:CRL) to purchase a new copper project in NSW

Comet Resources (CRL) has put in an offer to purchase a new copper exploration project in New South Wales.
Pioneer Resources (ASX:PIO) updates market on Pioneer Dome Project

" Pioneer Resources (ASX:PIO) updates market on Pioneer Dome Project

Pioneer Resources (PIO) has updated the market on its second lithium drilling program at the Pioneer Dome Project.
Nova Minerals (ASX:NVA) appoints DRA for ore sorting test work at Estelle Gold

" Nova Minerals (ASX:NVA) appoints DRA for ore sorting test work at Estelle Gold

Nova Minerals (NVA) has appointed DRA Global to conduct phase 1 and 2 of ore sorting test-work at the Estelle Gold Project.
Red River Resources (ASX:RVR) restarts production at Hillgrove

" Red River Resources (ASX:RVR) restarts production at Hillgrove

Red River Resources (RVR) is preparing to restart production at its Hillgrove Gold Project in New South Wales.