Marion hits Utah gas flow
Australia’s Marion Energy said today that testing at its Ridge Runner 11-17
well in the Clear Creek project, Utah, has produced gas flows in excess of 5
million cubic feet per day.
Marion has a 92.5% working interest in the well.
“This result is one more confirmation of a potentially large resource as
previously indicated by independent reservoir engineers,” Marion chief
executive officer Jeff Clarke said.
“We believe that it will likely take the drilling of upwards of 200 wells to
efficiently drain the resource from this field. Clear Creek is regarded as
the crown jewel of the company, given the potential for it to contain over a
trillion cubic feet of gas,” Clarke added.
07 February 2007 01:10 GMT
| last updated:
07 February 2007 01:10 GMT
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