Pure Hydrogen, BotsGas to start drilling in Botswana
Australia's Pure Hydrogen Corp on May 31 said its joint venture partner BotsGas will spud the first of a six-well appraisal drilling campaign on Serowe coalbed methane (CBM) project in Botswana within the next few days.
The campaign will consist of two separate stages of three appraisal wells each. Serowe 2, the first stage one well is scheduled to spud in the next few days. This will be followed up with Serowe 3 and 4. The campaign will exceed the minimum acreage commitments which should ensure permit renewals in the future, Pure Hydrogen said.
Two of the wells are to be converted to production wells while the third is in an outlying region to test the presence of CBM. The plan is to drill the second stage three wells later in the year after considering the results and incorporate the knowledge learned from the first three wells, the company said.
Pure Hydrogen currently has 100% of project Serowe and is free carried to 51% with partner BotsGas funding the farmin appraisal programmes. The companies signed a joint operating agreement for the Serowe project in December last year.
Pure Hydrogen revised in April last year the heads of agreement it earlier signed with BotsGas to farm out a stake in Serowe. On the deal's completion, Strata-X will retain 51% of the project. The joint agreement appoints BotsGas as operator effective January 1. Pure Hydrogen said this would allow the company to focus on its 100% owned natural gas and hydrogen projects in Queensland.