Sydney drilling company finds gas supply at Orara
ORARA could hold the potential to become a supplier of gas, after Sydney Company Metgasco found gas while drilling in the area.
Metgasco have been completing gas exploration from Casino to the south of Grafton - and as part of that program have seemingly hit a potential winner at Orara.
“During drilling at Orara, we found coal measures at an intersection of one of the wells,” Metgasco managing director David Johnson said.
“That coal was gas bearing, and we did manage to flow gas from the hole, and that is very encouraging.”
He said the tests were still in their preliminary stages, however, and it was too early to tell whether or not the gas find was commercially viable.
“We are encouraged by the result but it's too early to understand whether it's commercially viable or not. We still have further testing to complete.”
“This well is over 140 kilometres from our recent exploration activity at Casino and is therefore a major step out from the recent focus of our activities.
“(But) it is a very positive step forward in the evaluation of the gas supply potential of the Clarence Moreton basin.
“The production rates observed are also encouraging given that the well is a simple vertical completion at shallow depth.”