INNAMINCKA Petroleum has announced that it will commence a coal seam gas drilling campaign at the Cooper Basin in August 2009 with operator, AGL Energy.
The company says that it has a rig confirmed for exploration drilling and AGL Energy will pay for the three planned core holes.
Coal intersections were recorded in the majority of the surrounding wells on the Innamincka Dome at depths of 200-540 metres with cumulative interpreted coal thicknesses of up to 40 metres in a single well.
These depths and coal intersections are similar to a number of commercial Surat Basin CSG fields.
Independent consultants Resource Investment Strategy Consultants has calculated that the Innamincka Dome contains an estimated potential high side recoverable CSG resource of up to 800 Billion standard cubic feet (“Bscf”).
Innamincka Petroleum says that locations have been selected and approvals are anticipated so that drilling will commence on time.
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