Progress report on Kaitangata multi-well coal seam gas programme

Tuesday, February 28, 2012      
 
  • The programme is intended to give sufficient data to determine the coal seam gas potential of the Kaitangata area.

L&M Energy is pleased to provide the following update regarding its Kaitangata CSG appraisal programme within PEP 38219, located 60km south of Dunedin.

Wangaloa-2, located approximately 1.6 km to the southwest of Wangaloa-1, is at a current depth of 286m and drilling ahead towards an estimated target depth of 350m. The well is set to test the coal seam gas potential from five sub-bituminous coal horizons (Capstick, Jordan, Kai Main, Carson and Shore) within the coalfield.

Wangaloa-2 is the first of five wells to be drilled in a northerly and potentially deeper portion of the permit. The programme is intended to give sufficient data to determine the coal seam gas potential of the Kaitangata area.


 

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L&M Energy New Zealand Australasia Operations Update Coal seam gas Unconventionals Coal seam gas


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