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Altura Energy Begins Recompletion Work on the First Two of Eight Wells
Newsfileยท 2025-10-27 11:30
Core Viewpoint - Altura Energy Corp. has initiated recompletion work on the first two of eight Helium wells in northeast Arizona, with the aim to evaluate and potentially restore production after previous failures [1][2]. Group 1: Recompletion Work - The recompletion efforts for the first two wells are scheduled to begin on October 27, 2025, with a workover rig already on site [1][3]. - The workovers are expected to take approximately 5 to 10 days per well, including the time required to move the rig between wells [3]. Group 2: Well Performance and Evaluation - Altura acquired a 50% interest in the eight Helium wells, which had previously ceased production shortly after connecting to the plant, and has since consolidated a 100% interest to operate all wells [2]. - The company will assess whether production issues are due to easily correctable problems or if more significant investments are necessary for restoration [2]. Group 3: Company Overview - Altura Energy Corp. is an exploration and production company focused on the Holbrook basin in Arizona [4].