Buru Energy Ltd (ASX:BRU) is now preparing to reveal data from the production tests at Ungani 5, located within its wholly-owned Ungani Oilfield in Western Australia.
Buru outlined in its last drilling update before the results, that wireline logs have confirmed the reservoir is similar in quality to the other wells in the Ungani Field and have also confirmed there is an oil column of circa 53 metres in the well which is similar to the Ungani 2 oil column.
The open hole completion utilising swellable packers for zonal isolation and production has now been run and the well has been suspended.
Once the packers have been fully activated a production test will be run on the well, which is expected to take place in 2 to 3 weeks’ time.
The rig is currently being moved to complete the Ungani 4 well.
Test programs on both wells and the tie-in of Ungani 4 will then be undertaken in mid to late January.
Importance of Ungani 5
The Ungani 5 well is located 1,140 metres to the east of Ungani 1 on a separate drilling pad and is designed to appraise the oil pool discovered by the Ungani 3 well.