BNL - Blue Star Helium
- Thread starter yogi-in-oz
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slowly ticking up...nicely....
expecting some news tomorrow on NT and Garcitas Ranch...
expecting some news tomorrow on NT and Garcitas Ranch...
rub92me
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Not much new news today, but the share price is still heading north. I liked the explanation of a 'tight hole'. Ah, a dirty mind is a joy forever.. 
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azz announcement yesterday
ASX/NEWS RELEASE 14 February 2007
EXPLORATION UPDATE
Project: Oyster Creek
Prospect: Oyster Creek
Well: Harrison-1
Brazoria County, Texas, Slawson Exploration Operator, Antares 75%
The Harrison-1 well is ready for production testing. The location is currently still too muddy to
drive vehicles on. Operator is preparing the location but continues to be hampered by severe
weather.
Project: Oyster Creek
Prospect: Scott
Well: Scott-2
Brazoria County, Texas, Slawson Exploration Operator, Antares 67.5%
The Scott-2 well spudded on 25 January 2007. The well drilled to a depth of 10,867 feet where
wireline logs were run and 7” casing was run and cemented to a depth of 10,865 feet. Currently
preparing to drill ahead to the planned total depth of 12,800 feet.
Project: New Taiton
Prospect: New Taiton
Well: Ilse-1
Wharton County, Texas, S. Lavon Evans, Jr., Operating Company, Inc. Operator, Antares
25%
The Ilse-1 well spudded on 1 December 2006. The rig is currently drilling ahead with an oil
based mud system at a depth of 12,994 feet, having drilled 1,939 feet during the week. Total
planned depth is 17,300 feet.
Project: Little Bear
Prospect: Garcitas Ranch
Well: Garcitas Ranch C-1
Victoria County, Texas, Hollimon Oil Corporation Operator, Antares 23.5%
The Garcitas Ranch C-1 well reached a final TD of 13,030 feet on 24 January 2007. The rig
has moved off location and discussions are underway with the operator on the testing
programme. An early second development well is under discussion.
News that they are planning an early second well at Garcitas Ranch.....to me, the management have said that they are holding their cards close to their chest being a 'tight' well, but they are dropping a big hint of success by saying they are allready planning a second well....
ASX/NEWS RELEASE 14 February 2007
EXPLORATION UPDATE
Project: Oyster Creek
Prospect: Oyster Creek
Well: Harrison-1
Brazoria County, Texas, Slawson Exploration Operator, Antares 75%
The Harrison-1 well is ready for production testing. The location is currently still too muddy to
drive vehicles on. Operator is preparing the location but continues to be hampered by severe
weather.
Project: Oyster Creek
Prospect: Scott
Well: Scott-2
Brazoria County, Texas, Slawson Exploration Operator, Antares 67.5%
The Scott-2 well spudded on 25 January 2007. The well drilled to a depth of 10,867 feet where
wireline logs were run and 7” casing was run and cemented to a depth of 10,865 feet. Currently
preparing to drill ahead to the planned total depth of 12,800 feet.
Project: New Taiton
Prospect: New Taiton
Well: Ilse-1
Wharton County, Texas, S. Lavon Evans, Jr., Operating Company, Inc. Operator, Antares
25%
The Ilse-1 well spudded on 1 December 2006. The rig is currently drilling ahead with an oil
based mud system at a depth of 12,994 feet, having drilled 1,939 feet during the week. Total
planned depth is 17,300 feet.
Project: Little Bear
Prospect: Garcitas Ranch
Well: Garcitas Ranch C-1
Victoria County, Texas, Hollimon Oil Corporation Operator, Antares 23.5%
The Garcitas Ranch C-1 well reached a final TD of 13,030 feet on 24 January 2007. The rig
has moved off location and discussions are underway with the operator on the testing
programme. An early second development well is under discussion.
News that they are planning an early second well at Garcitas Ranch.....to me, the management have said that they are holding their cards close to their chest being a 'tight' well, but they are dropping a big hint of success by saying they are allready planning a second well....
rub92me
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Yep, INORE, I'm hoping for a triple whammy on this one (Garcitas, Harrison & NT). It won't be in time to stand any chance in this months stock tip competition though
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ANTARES ENERGY LIMITED
ASX/NEWS RELEASE 21 February 2007
EXPLORATION UPDATE
Project: Oyster Creek
Prospect: Oyster Creek
Well: Harrison-1
Brazoria County, Texas, Slawson Exploration Operator, Antares 75%
The Harrison-1well has now commenced the production testing programme. As a number of
zones will be tested the duration of the program is likely to take up to two weeks. A full
description of the test results will be made available upon completion of the programme.
Project: Oyster Creek
Prospect: Scott
Well: Scott-2
Brazoria County, Texas, Slawson Exploration Operator, Antares 67.5%
The Scott-2 well spudded on 25 January 2007. The well is currently drilling through the upper
part of the primary objective at a depth of 12,305 feet. Good quality gas and oil shows have
been recorded in the upper sand and the main sands are anticipated to be drilled within 24
hours.
Project: New Taiton
Prospect: New Taiton
Well: Ilse-1
Wharton County, Texas, S. Lavon Evans, Jr., Operating Company, Inc. Operator, Antares
25%
The Ilse-1 well has run and cementing a 7 5/8 inch liner to a depth of 13,230 feet (3,962 metres)
prior to drilling the remaining section of this well which contains the two primary targets of the
New Taiton Prospect.
Wireline logs have been run over the 8 ½ inch hole section to 13,230 feet and hydrocarbon
indications in the Upper Wilcox and Wilcox Meek intervals have been identified based on these
logs which correspond to gas shows encountered during drilling. The Upper Wilcox and Meek
are produced locally in this area. Whilst interesting, with possible producible gas, these intervals
were not designated as primary targets. Any decision to test these zones will be made at a later
date following the conclusion of drilling and a review of the overall well results.
Total planned depth for the well is 17,300 feet (5,274 metres).
Project: Little Bear
Prospect: Garcitas Ranch
Well: Garcitas Ranch C-1
Victoria County, Texas, Hollimon Oil Corporation Operator, Antares 23.5%
The Garcitas Ranch C-1 well reached a final TD of 13,030 feet on 24 January 2007. A
production testing program is currently being prepared.
Project: Little Bear
Prospect: Garcitas Ranch
Well: Garcitas Ranch C-2
Victoria County, Texas, Hollimon Oil Corporation Operator, Antares 23.5%
The operator has proposed a second well approximately 1,500 feet from the discovery well and
secured the same drilling rig to drill the hole. Spudding of the new well is anticipated to happen
in early March 2007.
Buggered if i know why the market hasnt reacted positively to this announcement, i think things are going perfectly and to their plans.
gas shows left, right and centre....
ASX/NEWS RELEASE 21 February 2007
EXPLORATION UPDATE
Project: Oyster Creek
Prospect: Oyster Creek
Well: Harrison-1
Brazoria County, Texas, Slawson Exploration Operator, Antares 75%
The Harrison-1well has now commenced the production testing programme. As a number of
zones will be tested the duration of the program is likely to take up to two weeks. A full
description of the test results will be made available upon completion of the programme.
Project: Oyster Creek
Prospect: Scott
Well: Scott-2
Brazoria County, Texas, Slawson Exploration Operator, Antares 67.5%
The Scott-2 well spudded on 25 January 2007. The well is currently drilling through the upper
part of the primary objective at a depth of 12,305 feet. Good quality gas and oil shows have
been recorded in the upper sand and the main sands are anticipated to be drilled within 24
hours.
Project: New Taiton
Prospect: New Taiton
Well: Ilse-1
Wharton County, Texas, S. Lavon Evans, Jr., Operating Company, Inc. Operator, Antares
25%
The Ilse-1 well has run and cementing a 7 5/8 inch liner to a depth of 13,230 feet (3,962 metres)
prior to drilling the remaining section of this well which contains the two primary targets of the
New Taiton Prospect.
Wireline logs have been run over the 8 ½ inch hole section to 13,230 feet and hydrocarbon
indications in the Upper Wilcox and Wilcox Meek intervals have been identified based on these
logs which correspond to gas shows encountered during drilling. The Upper Wilcox and Meek
are produced locally in this area. Whilst interesting, with possible producible gas, these intervals
were not designated as primary targets. Any decision to test these zones will be made at a later
date following the conclusion of drilling and a review of the overall well results.
Total planned depth for the well is 17,300 feet (5,274 metres).
Project: Little Bear
Prospect: Garcitas Ranch
Well: Garcitas Ranch C-1
Victoria County, Texas, Hollimon Oil Corporation Operator, Antares 23.5%
The Garcitas Ranch C-1 well reached a final TD of 13,030 feet on 24 January 2007. A
production testing program is currently being prepared.
Project: Little Bear
Prospect: Garcitas Ranch
Well: Garcitas Ranch C-2
Victoria County, Texas, Hollimon Oil Corporation Operator, Antares 23.5%
The operator has proposed a second well approximately 1,500 feet from the discovery well and
secured the same drilling rig to drill the hole. Spudding of the new well is anticipated to happen
in early March 2007.
Buggered if i know why the market hasnt reacted positively to this announcement, i think things are going perfectly and to their plans.
gas shows left, right and centre....
rub92me
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People are getting impatient with the delays I think. It has held up rather well above 80 cents so far, and we haven't seen a big wobble for a while. If it does fall back below 75 cents before the next announcement I may take a punt to buy some more for short term trading.INORE said:
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After todays announcement AZZ are certainly going to have a very good string of production testing announcements in the near future.
rub92me
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Well, they're certainly taking their time releasing the test results, so they better be good! I bought in more than a year ago though, so already ahead of the game by a healthy margin..
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Page 1 of 2
ANTARES ENERGY LIMITED
Level 2, 5 Ord Street Telephone: + 61 8 9324 2177
West Perth WA 6005 Facsimile: + 61 8 9324 1224
Website:www.antaresenergy.com
PO Box 690 Email: mail@antaresenergy.com
West Perth WA 6872
ASX/NEWS RELEASE 21 March 2007
EXPLORATION UPDATE
Project: Oyster Creek
Prospect: Oyster Creek
Well: Harrison-1
Brazoria County, Texas, Slawson Exploration Operator, Antares 75%
The testing program for Harrison-1 has been successfully completed. The well is likely to be dual
completed and initial production rates are anticipated to be between 4-6 MMcf/d (million cubic feet
per day) and 100-300 bbls of condensate per day. Pipeline connection is likely to take
approximately 6 weeks due to the need to tunnel under a creek and road to reach the sales line.
Project: Oyster Creek
Prospect: Scott
Well: Scott-2
Brazoria County, Texas, Slawson Exploration Operator, Antares 67.5%
The Scott-2 production testing program is waiting for a workover rig to arrive at the site to clean and
prepare the casing prior to perforating. The workover rig is due within the next week.
Project: New Taiton
Prospect: New Taiton
Well: Ilse-1
Wharton County, Texas, S. Lavon Evans, Jr., Operating Company, Inc. Operator, Antares 25%
As reported last week, the Ilse-1 well has reached a provisional total depth of 17,000 feet (5,183
metres) and the forward program was to acquire wire-line logs.
Since that time, the well has continued to slowly flow gas into the well bore which has resulted in the
acquisition of wireline logs being delayed while the gas is circulated out of the well. Pressure
equilibrium is required before the drill string can be safely pulled out of the hole and the logging
program commenced. It may be necessary to run a liner for operational and safety reasons before
wireline logs are acquired.
Project: Little Bear
Prospect: Garcitas Ranch
Well: Garcitas Ranch C-1
Victoria County, Texas, Hollimon Oil Corporation Operator, Antares 23.5%
The testing program has commenced at the Garcitas Ranch C-1 well. Initial pressure build-up data
suggests reservoir damage from drilling. A stimulation program may be required to bypass the
damaged near-well bore sand. It is not unusual for Wilcox reservoirs to require stimulation.
ANTARES
ENERGY A.C.N. 009 230 835
Page 2 of 2
Project: Little Bear
Prospect: Garcitas Ranch
Well: Garcitas Ranch C-2
Victoria County, Texas, Hollimon Oil Corporation Operator, Antares 23.5%
Garcitas Ranch C-2 commenced drilling on 6 March 2007. Current depth is 5,750 feet. Intermediate
casing was set and cemented to a depth of 5,699 feet. Current operations are preparing to drill
ahead after conducting a leak off test.
Project: Shaeffer Ranch
Prospect: Lonesome Dove
Well: Lonesome Dove-1
Jim Wells County, Texas, SIDC Operator, Antares 50%
Attempts to re-complete the well in an overlying secondary oil objective have been unsuccessful and
the well will now be plugged and abandoned. A new well would be required to test the main target
sands.
Contact:
James Cruickshank, Executive Director, Antares Energy Limited Tel: + (61) (0) 419 903 452
For more information: www.antaresenergy.com
ANTARES ENERGY LIMITED
Level 2, 5 Ord Street Telephone: + 61 8 9324 2177
West Perth WA 6005 Facsimile: + 61 8 9324 1224
Website:www.antaresenergy.com
PO Box 690 Email: mail@antaresenergy.com
West Perth WA 6872
ASX/NEWS RELEASE 21 March 2007
EXPLORATION UPDATE
Project: Oyster Creek
Prospect: Oyster Creek
Well: Harrison-1
Brazoria County, Texas, Slawson Exploration Operator, Antares 75%
The testing program for Harrison-1 has been successfully completed. The well is likely to be dual
completed and initial production rates are anticipated to be between 4-6 MMcf/d (million cubic feet
per day) and 100-300 bbls of condensate per day. Pipeline connection is likely to take
approximately 6 weeks due to the need to tunnel under a creek and road to reach the sales line.
Project: Oyster Creek
Prospect: Scott
Well: Scott-2
Brazoria County, Texas, Slawson Exploration Operator, Antares 67.5%
The Scott-2 production testing program is waiting for a workover rig to arrive at the site to clean and
prepare the casing prior to perforating. The workover rig is due within the next week.
Project: New Taiton
Prospect: New Taiton
Well: Ilse-1
Wharton County, Texas, S. Lavon Evans, Jr., Operating Company, Inc. Operator, Antares 25%
As reported last week, the Ilse-1 well has reached a provisional total depth of 17,000 feet (5,183
metres) and the forward program was to acquire wire-line logs.
Since that time, the well has continued to slowly flow gas into the well bore which has resulted in the
acquisition of wireline logs being delayed while the gas is circulated out of the well. Pressure
equilibrium is required before the drill string can be safely pulled out of the hole and the logging
program commenced. It may be necessary to run a liner for operational and safety reasons before
wireline logs are acquired.
Project: Little Bear
Prospect: Garcitas Ranch
Well: Garcitas Ranch C-1
Victoria County, Texas, Hollimon Oil Corporation Operator, Antares 23.5%
The testing program has commenced at the Garcitas Ranch C-1 well. Initial pressure build-up data
suggests reservoir damage from drilling. A stimulation program may be required to bypass the
damaged near-well bore sand. It is not unusual for Wilcox reservoirs to require stimulation.
ANTARES
ENERGY A.C.N. 009 230 835
Page 2 of 2
Project: Little Bear
Prospect: Garcitas Ranch
Well: Garcitas Ranch C-2
Victoria County, Texas, Hollimon Oil Corporation Operator, Antares 23.5%
Garcitas Ranch C-2 commenced drilling on 6 March 2007. Current depth is 5,750 feet. Intermediate
casing was set and cemented to a depth of 5,699 feet. Current operations are preparing to drill
ahead after conducting a leak off test.
Project: Shaeffer Ranch
Prospect: Lonesome Dove
Well: Lonesome Dove-1
Jim Wells County, Texas, SIDC Operator, Antares 50%
Attempts to re-complete the well in an overlying secondary oil objective have been unsuccessful and
the well will now be plugged and abandoned. A new well would be required to test the main target
sands.
Contact:
James Cruickshank, Executive Director, Antares Energy Limited Tel: + (61) (0) 419 903 452
For more information: www.antaresenergy.com
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ASX/NEWS RELEA
Project: Little Bear
Prospect: Garcitas Ranch
Well: Garcitas Ranch C-1
Victoria County, Texas, Hollimon Oil Corporation Operator, Antares 23.5%
Pipeline construction is complete and the well is now tied in. Fracture stimulation of the lower most
Wilcox sand has just commenced and preliminary results should be known over the next week.
Project: Little Bear
Prospect: Garcitas Ranch
Well: Garcitas Ranch C-2
Victoria County, Texas, Hollimon Oil Corporation Operator, Antares 23.5%
Garcitas Ranch C-2 commenced drilling on 6 March 2007 and reached a total programmed
depth of 12,530 feet on 3 April 2007. Logs were run, casing was set and cemented and the
drilling rig has now been released.
Wireline logs confirmed the presence of gas sands very similar to those encountered at Garcitas
Ranch C-1 in both the upper and middle Wilcox intervals. This appears to be a very successful
appraisal well that gives us confidence in the extent of the reservoir and trap. A testing program
will follow the testing of Garcitas Ranch C-1 well.
Project: Little Bear
Prospect: Garcitas Ranch
Well: Garcitas Ranch C-1
Victoria County, Texas, Hollimon Oil Corporation Operator, Antares 23.5%
Pipeline construction is complete and the well is now tied in. Fracture stimulation of the lower most
Wilcox sand has just commenced and preliminary results should be known over the next week.
Project: Little Bear
Prospect: Garcitas Ranch
Well: Garcitas Ranch C-2
Victoria County, Texas, Hollimon Oil Corporation Operator, Antares 23.5%
Garcitas Ranch C-2 commenced drilling on 6 March 2007 and reached a total programmed
depth of 12,530 feet on 3 April 2007. Logs were run, casing was set and cemented and the
drilling rig has now been released.
Wireline logs confirmed the presence of gas sands very similar to those encountered at Garcitas
Ranch C-1 in both the upper and middle Wilcox intervals. This appears to be a very successful
appraisal well that gives us confidence in the extent of the reservoir and trap. A testing program
will follow the testing of Garcitas Ranch C-1 well.
rub92me
Don't look back
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Back above 80 cents again. Progress across multiple wells seems to be gaining momentum now, and another prospect signed up recently.
Cash needs to start coming in pretty soon to justify the spending though
Cash needs to start coming in pretty soon to justify the spending though
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AZZ have been going on about garcitas ranch for a while saying that it is their most exciting discovery, it will be interesting to see the test results over the next week....
rub92me
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I Know ive had a jar not enoughDo I see a cup and handle formation or have I had a jar too much?
If it is, than that's good, isn't it
, but what happens after a cup and handle? GOOD or BAD indicator?
rub92me
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Nice rise yesterday and closed on a high of 94 cents. Some (hopefully good)anncouncements could be on the way, especially for NT. I'm buckled in for the ride, hope it's up
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rub92me I am here with you on this one. Been a long and at times painful wait but hopefully with New Taiton results due within a week and with Little Bear going in to production things are looking solid now.
So here's hoping we are about to be rewarded for our patience.
So here's hoping we are about to be rewarded for our patience.
