Investors in Curzon Energy Plc (LON:CZN) are looking forward to an extensive well evaluation to start shortly at the Coos Bay coal bed methane project in Oregon, US.
Curzon said in a statement that a five well workover programme has now been completed and that outcomes have so far “completely correlated” with the pre-programme technical work.
READ: Curzon Energy updates on progress at Coos Bay coal bed methane project
Sand and coal was removed from all five wellbores, and old down-hole equipment was also removed from the wells. At the same time, surface infrastructure was upgraded, which will not only enable the testing phase but also support operations in Phase 2 of the Coos Bay development.
The company said that it remains on track for first gas during the second quarter of 2018.
"We are delighted that operations continue to advance rapidly on our Phase I development plan at Coos Bay where results thus far fall in line with our technical assumptions and we remain on track to deliver first gas in Q2 2018.
READ: Curzon Energy inks rig contract for Coos Bay workovers
“Curzon is now entering into a busy period of testing of our first five wells and I look forward to updating the market in due course."