AUSTRALIA

Pure joy from CSM reserves campaign

COAL seam methane player Pure Energy says the first two wells in its reserve certification program in Queensland permit ATP852P have encountered about 30m of net coal in the Walloon Coal Measures.

Pure joy from CSM reserves campaign

Pure said preliminary core and log analysis of core holes Cameron-4 and 5 indicated coal in both wells.

"The positive results from Cameron-4 and 5 further confirm the potential for both the Juandah and Taroom Coal Measures in the Cameron South area of this permit," the company said.

The company now plans to install down-hole pumping equipment to dewater the coals and establish the wells' ability to deliver CSM.

The rig would then return to the Blackwater area to install pumping equipment to step-up its 2P (proven and probable) reserve certification on the Dingonose and Duckworth CSM discoveries in ATP806P.

The 2C contingent resource in Dingonose and Duckworth are estimated to be around 800 petajoules, according to the company.

The rig will then continue with the company's exploration drilling campaign in the Duaringa Basin in permit ATP758P, before returning to ATP852P to continue with the Walloon certification program.

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