Innamincka commences fraccing Flax 5 in Australia

Innamincka Petroleum has provided an operational update for Flax 1. The company hopes to start production from Flax 1 during the next week.

The company has commenced the well completion and fracture stimulation activities with the Ensign Rig 5 service rig mobilised onto the Flax 5 lease.

Innamincka Petroleum anticipates oil production to commence from the Flax field in July, initially from the Flax 1 well followed by Flax 3, Flax 4 and Flax 2.

The field compressor is scheduled for mobilisation to the field in August. The commencement of gas injection will depend on initial reservoir performance.

Starting in July, Flax 5, 6 and 7 and Flax East 1 will be fracture stimulated. These wells will be progressively tied into the field facilities as production wells. Innamincka Petroleum continues to target 1000 bopd production from the well pattern.

Tie-in of Flax 2, 3 and 4 wells will commence before the end of July with production from these wells expected progressively through August. Orders of the flowline materials for the Flax 5-7 and Flax East 1 wells have been placed.

The Ensign Rig 5 has mobilised and rigged up on the Flax 5 well as its first operation to be followed by completion operations on Flax East 1, Flax 6 and Flax 7 in due course.