Special Report: With fracture stimulation operations out of the way, Ansila Energy will soon start flow testing its highly prospective Siciny-2 gas well.

Ansila Energy (ASX:ANA) is one crucial step closer to unlocking the giant 2C contingent Resource of 1.6 Tcf at its Gora licence in Poland, after successfully completing pumping works for the fracture stimulation of the Siciny-2 well.

Contractor Halliburton has pumped water, frac gel and ceramic proppant into the target Carboniferous reservoir across two perforated intervals at 3,413m and 3,272m deep.

The well is now flowing back the frac fluids to surface, which will continue for a number of days before it is shut-in to install production tubing, the packer and downhole pressure gauges.

Click here for the most recent video update from the operational team onsite in Poland:

The next steps for Ansila are bringing gas to surface and initial flow testing,  followed by a longer-term flow test and pressure build-up to gather reservoir data.

To date, the project is on time, on budget and the well’s commercial potential is set to be tested imminently.

“With successfully pumping the frac we have hit another major milestone in the appraisal of the tight gas Carboniferous reservoir in the Siciny-2 well,” technical director Chris Lewis said.

“We are now looking forward to flowing the well and gathering data later this month and into 2020.”

The Gora licence could hold 1.6 trillion cubic feet of gas (equivalent to about 270 million barrels of oil).

Bringing the gas to market is also a simple matter giving that the project is just 1km form the pipeline and 5km from the third-party processing and treatment plant.

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All systems go for the Ansila gas express in Poland

This story was developed in collaboration with Ansila Energy, a Stockhead advertiser at the time of publishing.
This story does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.