Australia

Calima Energy begins core analysis to study liquids production potential of Calima Lands

Calima Energy Ltd (ASX:CE1) has returned drill core totalling 230 metres to the core lab in Calgary where further analysis is underway to provide a comprehensive picture of the liquids production potential on the Calima Lands.

The core will also be made available for viewing to interested parties.

Importantly, the retrieval and analysis of the downhole pressure gauges from the 2019 winter drilling campaign in Calima 2 and 3 wells will provide the companys reservoir engineers, McDaniels, with further data to help optimise production profiles and EURs (estimated ultimate recoveries) from the Upper and Middle Montney.

Montney key pressure and core analysis


The downhole pressure gauges from Calima 2 and 3 will be retrieved after more than 18 months. The data gathered will reinforce reservoir pressures and capability.

This data will also assist in establishing the over-pressured boundaries of the Montney Formation in the area.

The buildup reports from the gauges are expected in the second week of September 2020.

To assist in further analysis, Calima has engaged Canadian Discovery Ltd to complete an in-depth analysis of the most significant Montney core retrieved to-date.

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