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The Markets
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Oil & Gas

Curzon Energy confirms early success in coal bed methane well testing in Oregon

"We are delighted to have entered the testing phase of our Phase One development plan at Coos Bay"

Coal bed methane group Curzon Energy Plc (LON:CZN) has confirmed the start of well testing at the Coos Bay project, on January 29, and told investors that the initial results show the coals are fully saturated and do not need long-term dewatering.

Curzon added that the well is “showing signs of early gas production” and it is anticipated that gas volumes will increase steadily as reservoir water is removed.

READ: Curzon Energy ready for extensive well tests at Coos Bay coal bed methane project

The gas and water recoveries are presently being recorded as the flow testing operations continue.

Meanwhile, in parallel with the testing, Curzon is to install a water disposal system and gas sales work is advancing.

"We are delighted to have entered the testing phase of our Phase One development plan at Coos Bay where results thus far fall in line with our technical assumptions,” said Stephen Schoepfer, Curzon managing director.

READ: Curzon Energy updates on progress at Coos Bay coal bed methane project

“We remain on track to deliver first gas in Q2 2018 and I look forward to updating the market on aggregate test results in due course."

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