December 6, 2011
Po Valley Energy is pleased to confirm that it will proceed to case and
complete its Vitalba-1DirA well, located 20 kms from Milan in Northern
Italy, following evaluation of log results.
Total measured depth of 1,730 was reached (1,524 total vertical depth).
Interpretation of log runs identified one gas bearing zone in the
primary target area of the Pliocene SAN A2 level.
The Pliocene SAN A2 sand shows a vertical pay of 4.2 meters above the
gas water contact (GWC): from 1,441.9 meters vertical depth (RT) to the
GWC at 1,446.1 meters vertical depth (RT).
Steps to be carried out over the next week include liner running,
perforation and completion. Subsequently the Company will proceed to
flow test the well.
Po Valley Energy
+39 06 4201 62 75
Cannings Corporate Communications
(02) 8284 9990
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