We drilled Sidewinder-4 exploration well (the Sidewinder oil and gas discovery is in TAG’s PEP 38748) to 1,410 meters, targeting a fault-bounded 3-D anomaly in the Mt. Messenger Formation. We drilled down-dip of Sidewinder-3 and encountered 19 meters of net oil-and-gas-charged sandstones, with no water column evident.
A 4-Point Isochronal test achieved stabilized flow rates of 6.98 million cubic feet per day (~1163 BOE per day) with a 25% drawdown. Another success for our tech team.