Cuisinier Oil Field Waterflood Pilot Yields Positive Results - Bengal
Cuisinier Oil Field Waterflood Pilot Yields Positive Results - Bengal
Calgary, Alberta--(Newsfile Corp. - October 27, 2022) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to announce it has achieved positive initial results from its pilot waterflood activities in its joint-venture Cuisinier oil field in Queensland, Australia.
卡爾加里,艾伯塔省-(Newsfile Corp.-2022年10月27日)-孟加拉能源有限公司(多倫多證券交易所代碼:BNG) ("孟加拉“或”公司)很高興地宣佈,在其位於澳大利亞昆士蘭州的合資油田Cuisinier油田進行的注水試驗活動取得了積極的初步成果。
Based on the field Operator Santos's analysis of field performance since the water flood pilot commenced, the Company will recommend to the Operator that the water flood program be extended to other wells in the Cuisinier field.
根據油田運營商Santos對注水試驗開始以來的油田表現的分析,公司將向運營商建議將注水計劃擴大到Cuisinier油田的其他油井。
The Operator began injecting water into the Cuisinier 24 well in December of 2021, which reversed the downward trend of production at certain other wells in the area. Specifically:
該運營商於2021年12月開始向Cuisinier 24井注水,扭轉了該地區其他某些油井產量下降的趨勢。具體地説,就是:
The strongest performing wells, Cuisinier 15, 16, and 25, have all shown moderate increases in oil rate since the waterflood pilot came online. (See the map below for producing well locations and the C24 water injection well).
Cuisinier 9, 20, and 28 have also shown improvement, although starting from a lower initial rate.
All the wells monitored experienced a gross cumulative oil rate rise in September 2022 of about 35 bopd in total according to the Operator.
Absent the impact of several wells that were shut-in for various operational reasons, the joint venture has observed encouraging evidence to suggest that the overall field decline has been arrested with even a general upward trend in oil rate since December 2021.
自注水試點上線以來,表現最好的油井Cuisinier 15、16和25都顯示出適度的油價上升。(生產井位置和C24注水井見下圖)。
菜系9、20和28也有所改善,儘管起步率較低。
據該運營商稱,所有受監測的油井在2022年9月經歷了總計約35bopd的累計油價上漲。
在沒有受到幾口因各種運營原因關閉的油井的影響的情況下,合資企業觀察到了令人鼓舞的證據,表明自2021年12月以來,即使是油價普遍上升的趨勢,整體油田衰退也已得到遏制。
Bengal Energy President and CEO Chayan Chakrabarty said:
孟加拉能源公司首席執行官總裁兼首席執行官查揚·查克拉巴蒂表示:
"These positive results from the waterflood pilot have confirmed our long-held theory that there is more oil recoverable in the field, although at this early stage it is difficult to predict exactly how much. To date there has been some frustration at the pace of progress, and we certainly would have preferred to see these results many months earlier. However, as long as we are able to manage routine operational issues, we would expect to see the benefits of the waterflood increasing in the next three months with a positive impact on production and reserves. Based on what we've seen and learned from this pilot, we will be recommending very strongly to the field Operator that we sustain waterflood operations with minimal facility downtimes and expand them to include other wells in the Cuisinier field. In our view, the Cuisinier Field with its ultralight oil with low viscosity and low GOR makes it an excellent waterflood candidate. The operating netback(1) of $88.14 per barrel reported in the quarter ending June 30, 2022, gives strong incentive to maximize production and recovery from the Cuisinier field."
這些來自注水試驗的積極結果證實了我們長期以來的理論,即油田有更多的石油可採,儘管在這個早期階段很難準確預測有多少石油。到目前為止,進展速度有些令人沮喪,我們當然更希望在幾個月前看到這些結果。然而,只要我們能夠處理例行的運營問題,我們預計在未來三個月內,水驅的好處將會增加,對生產和儲量產生積極影響。根據我們從這次試點中看到和了解到的情況,我們將非常強烈地建議油田運營商,我們以最短的設施停機時間維持注水作業,並將其擴大到包括Cuisinier油田的其他油井。在我們看來,Cuisinier油田具有低粘度和低GOR的超輕質油,使其成為優秀的注水候選油田。運營中的淨收益(1) 截至2022年6月30日的季度報告的每桶88.14美元的價格,給了最大限度地提高產量和從Cuisinier油田回收石油的強烈動機。
Figure 1
圖1
About Bengal
關於孟加拉
Bengal Energy Ltd. is an international junior oil and gas exploration and production company with assets in Australia. The Company is committed to growing shareholder value through international exploration, production, and acquisitions. Bengal's common shares trade on the TSX under the symbol "BNG". Additional information is available at
孟加拉能源有限公司是一家在澳大利亞擁有資產的國際初級油氣勘探和生產公司。該公司致力於通過國際勘探、生產和收購來增加股東價值。孟加拉的普通股在多倫多證交所交易,代碼為“BNG”。欲瞭解更多信息,請訪問
CAUTIONARY STATEMENTS:
警示聲明:
This news release contains certain forward-looking statements or information ("forward-looking statements") as defined by applicable securities laws that involve substantial known and unknown risks and uncertainties, many of which are beyond Bengal's control. These statements relate to future events or our future performance. All statements other than statements of historical fact may be forward-looking statements. The use of any of the words "plan", "expect", "future", "project", "intend", "believe", "should", "could", "anticipate", "estimate", "potential", "advance", "continue", "new", "develop", "build", "process", "current", "trend" or other similar words or statements that certain events "may" or "will" occur are intended to identify forward looking statements. The projections, estimates and beliefs contained in such forward-looking statements are based on management's estimates, opinions, and assumptions at the time the statements were made, including assumptions relating to: the impact of economic conditions in North America and Australia and globally; industry conditions; changes in laws and regulations including, without limitation, the adoption of new environmental laws and regulations and changes in how they are interpreted and enforced; increased competition; the availability of qualified operating or management personnel; fluctuations in commodity prices, foreign exchange or interest rates; stock market volatility and fluctuation; results of exploration and testing activities, and the continued or anticipated performance of assets; and the ability to obtain required approvals and extensions from regulatory authorities. We believe the expectations reflected in those forward-looking statements are reasonable but, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that Bengal will derive from them. As such, undue reliance should not be placed on forward-looking statements.
本新聞稿包含由適用的證券法定義的某些前瞻性陳述或信息(“前瞻性陳述”),這些陳述或信息涉及大量已知和未知的風險和不確定性,其中許多風險和不確定性不在孟加拉的控制範圍之內。這些陳述與未來的事件或我們未來的表現有關。除歷史事實以外的所有陳述都可能是前瞻性陳述。使用“計劃”、“預期”、“未來”、“項目”、“打算”、“相信”、“應該”、“可能”、“預期”、“估計”、“潛力”、“進展”、“繼續”、“新”、“發展”、“建設”、“過程”、“當前”、“趨勢”或其他類似的詞語或表述,或某些事件“可能”或“將”發生的其他類似詞語或陳述,都是為了識別前瞻性表述。這些前瞻性陳述中包含的預測、估計和信念是基於作出陳述時管理層的估計、意見和假設,包括與以下方面有關的假設:北美、澳大利亞和全球經濟狀況的影響;行業狀況;法律和法規的變化,包括但不限於通過新的環境法律和法規及其解釋和執行方式的變化;競爭加劇;有合格的經營或管理人員;商品價格、外匯或利率的波動;股票市場的波動和波動;勘探和測試活動的結果以及資產的持續或預期表現;以及獲得監管當局所需批准和延期的能力。我們認為這些前瞻性陳述中反映的預期是合理的,但不能保證前瞻性陳述中預期的任何事件都會發生或發生,或者是否會發生。, 孟加拉將從它們中獲得什麼好處。因此,不應過分依賴前瞻性陳述。
In particular, forward-looking statements contained herein include, but are not limited to, statements regarding the Company's risks associated with the waterflood program and the associated estimates of pay thickness include, but are not limited to, the risk that Bengal's waterflood and other development activities may provide different or unexpected results; delays in the anticipated timing of completing the development activities; geological, technical, drilling and processing problems and other difficulties in producing petroleum reserves.
具體來説,本文包含的前瞻性表述包括但不限於,有關公司與注水項目相關的風險的表述以及相關的支付厚度估計,包括但不限於,孟加拉的注水和其他開發活動可能帶來不同或意想不到的結果的風險;完成開發活動的預期時間的延遲;生產石油儲備的地質、技術、鑽井和加工問題以及其他困難。
The forward-looking statements contained herein are subject to numerous known and unknown risks and uncertainties that may cause Bengal's actual performance or achievement in future periods to differ materially from those expressed in, or implied by, these forward-looking statements, including but not limited to, risks associated with: Bengal's development and exploration opportunities; the economic conditions in North America, Australia and globally; the impact of ongoing global events, including European tensions and the COVID-19 pandemic and the ability of the Company to carry on its operations as currently contemplated in light of the such events; the failure to obtain required regulatory approvals or extensions; determinations by OPEC and other countries as to production levels; the failure to satisfy the conditions under farm-in and joint venture agreements, and other third party contracts; the failure of third parties to performance their obligations under contracts with the Company; the failure to secure required equipment and personnel; increased competition; the availability of qualified operating or management personnel; fluctuations in commodity prices, foreign exchange or interest rates; changes in laws and regulations including, without limitation, the adoption of new environmental and tax laws and regulations and changes in how they are interpreted and enforced; the results of exploration and development drilling and related activities; the ability to access pipeline infrastructure; the ability to access sufficient capital from internal and external sources; and stock market volatility. The Company cautions that the foregoing list of assumptions, risks and uncertainties is not exhaustive. Additional information on these and other factors that could affect the Company are included in reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (). The forward-looking statements contained in this news release speak only as of the date hereof and Bengal does not assume any obligation to publicly update or revise them to reflect new events or circumstances, except as may be require pursuant to applicable securities laws.
本文中包含的前瞻性陳述會受到許多已知和未知的風險和不確定因素的影響,這些風險和不確定因素可能會導致孟加拉公司未來的實際業績或成就與這些前瞻性陳述中表達或暗示的情況大不相同,包括但不限於與以下方面相關的風險: 孟加拉的開發和勘探機遇;北美、澳大利亞和全球的經濟狀況;當前全球事件的影響,包括歐洲緊張局勢和新冠肺炎疫情,以及鑑於這些事件,公司繼續目前設想的業務的能力;未能獲得所需的監管批准或延期;歐佩克和其他國家對產量水平的決定;未能滿足共建和合資協議及其他第三方合同規定的條件;第三方未履行與公司簽訂的合同規定的義務;未能獲得所需的設備和人員;競爭加劇;這些因素包括:合格經營或管理人員的可獲得性;商品價格、外匯或利率的波動;法律和法規的變化,包括但不限於通過新的環境和税務法律法規及其解釋和執行方式的變化;勘探和開發鑽探及相關活動的結果;獲得管道基礎設施的能力;從內部和外部來源獲得足夠資本的能力;以及股票市場的波動。該公司提醒,上述假設、風險和不確定因素的清單並非詳盡無遺。有關這些和其他可能影響公司的因素的更多信息包括在提交給加拿大證券監管機構的報告中,並可通過SEDAR網站()。本新聞稿中包含的前瞻性陳述僅代表截止日期,孟加拉不承擔任何公開更新或修改它們以反映新事件或新情況的義務,除非根據適用的證券法可能需要這樣做。
FOR FURTHER INFORMATION PLEASE CONTACT:
欲瞭解更多信息,請聯繫:
Bengal Energy Ltd.
Chayan Chakrabarty, President & Chief Executive Officer
(403) 205-2526
Jerrad Blanchard, Chief Financial Officer
(403) 781-7021
Email: investor.relations@bengalenergy.ca
Website:
孟加拉能源有限公司
查揚·查克拉巴蒂,總裁&首席執行官
(403) 205-2526
首席財務官Jerrad Blanchard
(403) 781-7021
電子郵件:Investor.Relationship@bengalenergy.ca
網站:
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(1) Operating netback is a non-IFRS measure. Operating netback per bbl is calculated by dividing revenue (including realized gain (loss) on financial instruments) less royalties and operating costs by the total production of the Company measured in bbls. (A reconciliation of the measures can be found in the table on page 12 of the Bengal Energy Ltd. MD&A for the period ended June 30, 2022)
(1)經營性淨回補是非國際財務報告準則的衡量標準。每桶的營業淨利潤是通過收入(包括金融工具的已實現收益(虧損))減去特許權使用費和運營成本除以以桶計的公司總產量來計算的。(措施的對賬可在截至2022年6月30日的孟加拉能源有限公司MD&A第12頁的表格中找到)
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要查看本新聞稿的源版本,請訪問