Wednesday, November 25, 2009

Frederick Shale takes center stage

I had been hoping that the Utica would prove out before the Frederick but CDH just nailed it. These results represent the first significant flow of natural gas from the Frederick Brook formation, and are encouraging for future horizontal drilling and multistage fracturing of this large unconventional resource play.


For those interested, I did a small write-up on the maritime shale play last year. CEX and PTW are the most leveraged to this news besides Corridor.

http://www.statesidereport.com/Four_Horsemen_of_the_Maritime_Shale.pdf

stateside

Corridor well flows at 4.1 mmscfd at Frederick Brook


2009-11-25 08:19 ET - News Release

Mr. Norman Miller reports

CORRIDOR FRACTURES AND TESTS THE FREDERICK BROOK FORMATION AT THE GREEN ROAD G-41 WELL

Corridor Resources Inc. has conducted propane fracs and completed initial cleanup flow of two intervals in the upper part of the Frederick Brook formation at the Green Road G-41 (vertical) well. The well is located approximately 20 kilometres east of the McCully gas plant and four kilometres north of the village of Elgin in southern New Brunswick. The first of the two fracs resulted in the placement of 46 tonnes of proppant in a black shale interval at a depth between 2,000 and 2,050 metres. The second frac resulted in the placement of 68 tonnes of proppant in a silty interval of the formation containing thin interbeds of sandstone at a depth between 1,850 and 1,900 metres. Following completion of the fracturing operations, commingled cleanup flow was conducted for the two intervals. At the end of a 57-hour flow period, the well was flowing at a restricted rate of 4.1 million standard cubic feet per day, consisting of approximately 85 per cent natural gas and 15 per cent propane frac fluid at a flowing wellhead pressure of 2,083 psi. A temperature log confirmed that both intervals were contributing to the flow. A tubing string with packer will be installed in the well to facilitate independent flow testing of each interval. These results represent the first significant flow of natural gas from the Frederick Brook formation, and are encouraging for future horizontal drilling and multistage fracturing of this large unconventional resource play.

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