
NG Energy tests up to 13.0 MMSCFD at Aruchara-3 in the H1 zone

NG Energy International release
TORONTO, ON, September 5, 2023 – NG Energy International Corp. (“NGE” or the “Company”) (TSXV: GASX) (OTCQX: GASXF) is pleased to provide Drill Stem Test (DST) results over a 21-hour period confirming the presence of natural gas at Aruchara-3.
DST-1
DST-1 was conducted in the Jimol Inferior Formation between 8379 and 8470 feet MD. After creating the required draw-down of 700 psi for the estimated initial reservoir pressure of 3550 psi by using water and nitrogen, the well was tested as follows:
Duration | Choke Size | Avg. Gas Flow Rate | Water Flow Rate | Avg. Tubing Pressure |
(hours) | (inches) | (MMscf/d) | (bbl/d) | (psig) |
6 | 64/64 | 10.6 | 0 | 1,500 |
6 | 32/64 | 6.5 | 0 | 2,250 |
6 | 48/64 | 11.5 | 0 | 1,440 |
3 | 64/64 | 13.0 | 0 | 1,200 |
6 | 128/64 | TBD | 0 | TBD |
The Company is currently testing the flow rate with 128/64” choke. The Company perforated 42 feet in H1 (DST-1), and will perforate 30 feet in H2 (DST-2), 125 feet in H3 (DST-3), and 127 feet in H4 (DST-4). A further update will be provided with final DST results in the coming weeks.
Serafino Iacono, Chief Executive Officer of NGE, commented: “We are very pleased with the DST results from the H1 Zone at Aruchara-3 and are working diligently to continue testing the well in the H2, H3 and H4 zones which include the 570 feet of net gas pay in a new area. With the strong results from H1 and a very large area still to be tested, it is anticipated that the Aruchara-3 well will allow the Company to reach pipeline capacity.”
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