The company has also received notice of preliminary approval to extend, by 12 months, the due date for completion of the final two remaining obligation wells required by the St Johns unit agreement.
The 2010 drilling program focused on the high helium and CO2 content within the Amos Wash interval that was proved to be productive in the area by previous wells.
All three wells (11-3-29X, 12-22-29 and the 11-6-30) have now been drilled to the base of the Amos Wash interval and encountered excellent reservoir characteristics and flowed CO2 gas during drilling.
All three wells will be flow tested over the next few weeks and will be logged at a later date.
Enhanced Oil‘s independent reserve engineers have earlier estimated that approximately 14bcf of CO2 gas can be recovered per section under full 160 acre development.
The average helium content within the Amos Wash interval in this area is approximately 0.74%.
The company also reported that it has, subject to final formal approval, received a preliminary extension to drill the remaining two wells under the original five well St Johns unit agreement requirement.
