• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Resource Market
    Resource News
    Resource Stocks
    • Resource Market
    • Resource News
    • Resource Stocks

    Coastal Energy Announces Successful Drilling Results at Bua Ban North A and Operations Update

    Investing News Network
    Sep. 21, 2011 11:25AM PST
    Resource Investing News

    Coastal Energy Company (TSE:CEN) reported the results of the Bua Ban North A-06 well and provides an operations update.

    Coastal Energy Company (TSX:CEN) reported the results of the Bua Ban North A-06 well and provides an operations update.

    The press release is quoted as saying:

    The Bua Ban North A-06 well was drilled to a total depth of 5,950 feet TVD. The well encountered 63 feet of net pay in the Miocene with average porosity of 28 percent. The A-06 well was drilled into the western bounding fault block originally discovered by the A-01 well and encountered the main Miocene objective 50 feet downdip from the original discovery well. The reservoir quality seen in the A-06 is superior to that in the A-01 well, which encountered 32 feet of net pay with 26 percent porosity.

    Coastal Energy’s CEO, Randy Bartley, commented:

    “We are very pleased with the results of the Bua Ban North A-06 well. Based on log and pressure data, the areal coverage of this western fault block has increased from 160 acres to over 500 acres. The better than expected reservoir quality indicates the A-06 should make an excellent producing well. We plan to drill an additional well further north in this fault block to further test the area between Bua Ban North A & B in the western fault block.

    Click here to access the entire press release

    The Conversation (0)

    Go Deeper

    AI Powered

    Grizzly Provides Update on Greenwood Gold Project and Prepares to Drill New Targets With Anomalous Gold-In-Soils

    FWB:44G

    Golden Ridge Drills 291 Meters of 0.66 g/t AuEq in the Ball Creek Main Zone

    Latest News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×