Po Valley Directional Test In Italy Hit Gross Gas Pay Zone Of 53 m.

Drilling Activity Details

Locations

Italy

Operators
Post Date
Well Name
#1-Podere Maiar
Geo Coordinate

Drilling Activity Summary

Description

Logging results from a Selva Field directional test in northern Italy’s Po Valley indicate a gross gas pay zone of 53 m. The venture, #1-Podere Maiar by Po Valley Energy Ltd., is in the Podere Galina Block in Bologna, Italy. The well was drilled to 1,330 m and was targeting Pliocene. Plans call for casing, perforating and installing downhole production equipment in early 2018. Mt. Pleasant, Western Australia-based Po Valley owns 63% and its joint-venture partners are United Oil & Gas (20%) and Prospex Oil & Gas (17%).