Results of a petrophysical study conducted by Schlumberger Canada Ltd. show that the Anticosti Macasty in Quebec can be compared with the Utica Shale in Ohio, said Petrolia Inc. February 21.

According to the company, the rock parameters of both formations are very similar, including with respect to thickness, total organic carbon (TOC), clay content and hydrocarbon saturation. The porosity of the Macasty shale in the Petrolia Chaloupe well averages 4% to 6%, which compares favorably to the Ohio shales with an average of 3% to 5%, the company continued. The porosity, together with the permeability analysis conducted earlier, is a positive indicator of the potential for oil and gas production of the Macasty shale, the company said.

The study compares the petrophysical properties of the Utica shale in the Ohio Geological Survey (OGS) CO2 No. 1 well with those of the Macasty shale (a lateral equivalent of the Utica shales) in the Petrolia/Corridor Chaloupe No. 1 well on Anticosti Island, Quebec.

For comparison, Petrolia cites three Chesapeake Energy horizontal wells located between 40 and 50 miles (65 and 80 kilometers) northeast of the OGS CO2 No. 1 that tested between 3.1 and 9.5 MMscf/d of gas and between 980 and 1425 b/d of petroleum liquids.

Corridor and Petrolia control more than 1.5 million acres of prospective Macasty lands on Anticosti Island.