Cooper Basin focused oil & gas exploration company, Real Energy Corporation, advises that the Company is witnessing a significant increase in gas flows and frac fluids rates from the Tamarama-1 well as additional fracture stimulated zones progressively come in.
VIt is estimated that as at 7.00 am EST on 17 August 2016, approximately 3,500 barrels (or over 40%) of frac fluid have been recovered so far from the well. The Company expects that it is likely to take another week of clean up flow before flow testing commences.
The flow test with measurement of gas rates will immediately commence at the conclusion of the flow back period. The Company will report the flow test results to the market as soon as they become available.