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Aminex spuds well at Shoats Creek in Louisiana

Oilfield Technology,

Aminex PLC has announced that the Olympia Minerals-1 well (OM-1) at Shoats Creek was spudded on 17 February 2010 using the Crown Drilling Rig No. 2.

Testing sands
OM-1 is the first well in a drilling programme based on interpretation of new 3D seismic data over the property and will be drilled to an estimated total depth (TD) of 9500 ft (2896 m) to test multiple sands in the Cockfield formation.  Subject to any unforeseen operational delays, the drilling time to TD is likely to be 21 days.  Aminex is the operator of OM-1 and holds a 100% working interest while Olympia Minerals, Inc. is the lessor of the mineral rights at the well location.

Deep exploration potential
Aminex’s Shoats Creek property covers 1570 acres in Beauregard Parish, Southwest Louisiana, close to the Texas border. Shoats Creek is made up of proved, undeveloped reserves in Frio and Cockfield sands with deep exploration potential in Wilcox sands, all of which have now been extensively remapped and integrated with existing well data using the 3D seismic.  It is anticipated that a deep Wilcox well will be drilled in due course in conjunction with a potential farm-in partner.

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