Gallic Energy Plans to Alter in Well Plan for Ossun-2

Oil and Gas Investing

Gallic Energy Ltd. (TSXV:GLC) has planned to alter its current snubbing unit to a drilling rig on the Ossun-2 well, Aquitaine Basin in Southern France.

Gallic Energy Ltd. (TSXV:GLC) has planned to alter its current snubbing unit to a drilling rig on the Ossun-2 well, Aquitaine Basin in Southern France.

As quoted in the press release:

On January 10, 2012, the Company announced that it had spud the re-entry of Ossun-2. Operations to drill out the cement plug and to splice the 9 5/8 inch intermediate casing back to the surface were successful. However, at a depth of 1,344 meters, suspected and undocumented abandoned drilling pipe was encountered in the wellbore, making continuation of the re-entry process more uncertain from a cost and process perspective.

Click here to read the Gallic Energy Ltd. (TSXV:GLC) press release.

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