The recompletion will comprise of perforations in numerous lobes of the Georgetown formation between the depths of 6,000 feet and 5,600 feet and is scheduled to commence in two weeks time.
Unicorp said that the Georgetown formation has been known to be productive in this area. The Easter Seals Well 1-R was originally drilled to a total depth of approximately 9,000 feet to initially test the Rodessa formation.
The Rodessa formation was found to be productive but uneconomical to produce. Unicorp has a 21% before payout working interest and an approximate 16% after payout working interest in this prospect.
