This is hot, hot, hot !....oil but not sure how much as just over half way there....200m till the first target.....they'll never be able to keep it quiet if they hit crude ....
• Currently at a depth of 2002 meters.
• The well is currently drilling a 400 meter section composed of interbedded sandstones and shales
• Most of the sandstone intervals in this section have exhibited oil and gas shows confirming the existence of a working petroleum system.
• Determination of the quality of the reservoir and prospectivity of any potential oil bearing intervals cannot be determined until down hole electric logs and formation tests are concluded.
• Planned total depth of 3800 meters
• Yet to penetrate the main reservoir targets
• Next electrical logging run will be coincident with the running of the 9 5/8" casing at approximately 2400 - 2700 meters.
• Operations continue to run smoothly with no reported security or operational incidents.
RNS Key words:
• exhibited oil and gas shows
• A working petroleum system.
• Yet to penetrate the main reservoir targets