Cue Energy Resources Limited is pleased to announce that drilling and
completion of the second new Mereenie production well, West Mereenie 30 (WM30), is
complete.
WM30 was successfully air-drilled through the primary Pacoota-3 reservoir target to a total
measured depth of 1,620m. Tie-in of WM30 to the Mereenie production facilities is expected
to be completed in early March.
The Ventia Rig 101 has been released following the completion of both Mereenie production
wells WM29 and WM30. The two-well drilling program was delivered to an accelerated
schedule and is forecast to be completed under budget
The first well drilled in the two-well programme, WM29, is online at a stabilised production rate
of approximately 5 TJ/d (100% JV). A tied-in flow rate for WM30 will be advised once the well
is online.