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Triple Energy Spuds CBM Well in China's Heilongjiang Province

Source: www.gulfoilandgas.com 7/7/2015, Location: Asia

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Australian company Triple Energy has spudded Niaoshan-1, the first of two CBM wells in the Bird Mountain area of Heilongjiang province in China. The well is located around 2 kms from the previous Xian Xian-1 well drilled by the Joint Venture in 2013. The well is targeting several major coal seams for intersection which will be cored for desorption analysis and tested.

The well is currently drilling ahead having set surface casing and tested gas measuring equipment over the last week. As of 8am on 6 July 2015 the well has reached a depth of 67 metres (measured depth). The well is planned to be drilled to a depth of approx. 1,300 metres, which is expected to take around 6 weeks, inclusive of coring and testing.

The second well of 2015 will follow with the same rig once operations at Niaoshan-1 are complete. Further updates will be made on a weekly basis and as material developments occur.

Triple Energy holds an 80% interest in a Cooperative Joint Venture (CJV, known as Aolong Energy) with LongMay Coal Mining Company, one of China’s largest State-owned coal mining companies. The CJV has the objective of degassing the coal mining leases held by Longmay and has a life of 45 year

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