[ad_1]
Excessive permeability readings from the higher coal seam at TMK’s Snow Leopard-3 nicely are broadly per these present in Snow Leopard-2 within the Gurvantes XXXV CSG venture.
The excessive permeability studying of 47 milidarcy (mD) over the 70m of coal intersected within the higher coal seam bodes wells for future coal seam gasoline manufacturing from what is just a small a part of the 8,500 km2 Undertaking space.
Coal core from the nicely has additionally been sampled for gasoline desorption testing with preliminary outcomes indicating that the seams include excessive gasoline content material consisting primarily of methane (95%) with low ranges of CO2 (2.8%).
TMK Vitality (ASX:TMK) added that the extra 13m of coal intersected within the higher coal seam happened after fixing a damaged core barrel and drilling deeper into extra coal.
Nevertheless, poor gap circumstances at a depth of 348m required the present wellbore to be deserted, main the corporate to redrill the nicely on the identical website to focus on the decrease coal seam.
“The wonderful permeability outcomes from the higher seam at SL-03 and SL-02 are very encouraging for the long run commercialisation of the venture,” chief govt officer Brendan Stats mentioned.
“Excessive permeability in very thick, shallow, gasoline saturated coal seams ought to translate to decrease growth prices and doubtlessly sturdy preliminary circulation charges.
“The pilot program, presently within the planning section, will present definitive information on these final remaining key information factors and can permit us to show to the market the power to provide commercially viable gasoline from the coal seams.”
Extra coal to be discovered
Snow Leopard-2 had intersected 21m of gassy coals within the decrease seam. This represents a considerable addition to the coals intersected within the higher seam if the Snow Leopard-3 redrill additionally strikes this seam.
As soon as operations on Snow Leopard-3 are accomplished, TMK and its companion Talon Vitality (ASX:TPD), which is incomes a 33% working curiosity in Gurvantes XXXV by spending US$4.65m beneath a two-stage farm-in, will transfer on to drill the fourth and ultimate nicely within the present program.
The 4 nicely program is geared toward delivering vital information similar to coal thickness, gasoline contents, gasoline composition and permeability that can allow estimation of contingent sources and support within the design of a pilot manufacturing program.
This text was developed in collaboration with TMK Vitality, a Stockhead advertiser on the time of publishing.
This text doesn’t represent monetary product recommendation. You must think about acquiring impartial recommendation earlier than making any monetary choices.
[ad_2]
Source link
