Lakes plans twin frac for Trifon, Wombat

The Lakes Oil-operated Trifon-2 and Wombat-2 wells are preparing to be simultaneously fractured as the company moves ahead with its ambitious tight gas program.
Lakes plans twin frac for Trifon, Wombat Lakes plans twin frac for Trifon, Wombat Lakes plans twin frac for Trifon, Wombat Lakes plans twin frac for Trifon, Wombat Lakes plans twin frac for Trifon, Wombat

Trifon-2 is currently at a depth of 1892m with the first of two cores to be cut at 1933m yesterday. Simultaneously Wombat-2 has been prepared for fracture stimulation and is currently shut in to allow pressure build up to be monitored prior to stimulation.

To save a duplication of costs the company has decided to fracture Wombat-2 and Trifon-2 at the same time. It is expected that Trifon-2 will be cased and ready for fracture stimulation within 7– 10 days and the first equipment is expected to begin arriving late this week.

Lakes said the that the first $5 million of expenditure on the Trifon Tight Gas Project is being funded by partner Jarden Corporation Australia to earn a 50% interest in both the Trifon and Gangell Structures.

Wombat-2 and Trifon-2 are located in PEP157 with Roma Petroleum holding a 5% overriding royalty of the wellhead value of any hydrocarbon production.

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