RE: X3 Sep 2024 13:03
Although frustrating that the completion and appraisal of Clink #1 has been delayed, we are very pleased with the results from the well to date,” Sears said in the statement.
“The mud log revealed reservoir quality strata with positive helium results. Clink #1 appears to be a good well with a bad shallow interval which has complicated our completion.
“However, the well proves the presence of helium within all our target reservoir horizons.”
He added: "The Clink #1 well has also demonstrated the presence of geological hydrogen within the deeper, Cambrian, sandstones.
“Hydrogen grades increased towards Total Depth, which was called at 8,030ft while apparently still in gas and without reaching basement.”