Tuesday, March 3, 2009

Canadian Superior confirms big gas find off TT

Canadian Superior Energy Inc. announced Tuesday that after extensive preparations flow testing of the "Endeavour" well offshore Trinidad on the "Intrepid" Block 5(c) it has reached a peak flow rate of 60.1 MMscf/d, which is the maximum rate allowed under the testing equipment specifications.

It says it measured a final flow rate of 56.4 MMscf/d was and plans multiple flow rate testing over the next few days.

The "Endeavour" discovery well was spudded on August 28, 2008 and was drilled in about 1,000 feet of water. It's the third well in an initial 3-well program, being drilled by Canadian Superior and its partners on the "Intrepid" Block, which is located approximately 60 miles off the east coast of Trinidad.

In 2008, Canadian Superior announced two separate natural gas discoveries on Block 5(c); in the "Victory" well, announced on January 14, 2008; and, in the "Bounty" well, announced on August 13, 2008. "Endeavour" now is a confirmed natural gas discovery, making this program, 3 out of 3.

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Jai & Sero

Jai & Sero

Our family at home in Toronto 2008

Our family at home in Toronto 2008
Amit, Heather, Fuzz, Aj, Jiv, Shiva, Rampa, Sero, Jai