Moonshine packs a heady hit

SYDNEY-headquartered but US-focused explorer and producer Petsec Energy has produced 3 million cubic feet of gas and 70 barrels of condensate from its Virginia Geason-1 discovery well at the Moonshine Project area in onshore Louisiana.

The well flowed through a 13/64-inch choke with 2700psi flowing tubing pressure.

Petsec is currently acquiring production equipment and is coordinating operations to connect the well to a gas sales line.

The company said it anticipates initial production in two to three months.

Petsec owns an 80% working interest (74% net revenue interest) in the Virginia Geason-1 and is the operator.


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