respudded, page-8

re: respudded - sell buy sell buy I like your thinking KL :)

here is the main bit of the report for those who haven't read it yet..

Progress and Current Status:
Since the last report on 30 August 2005 the Espadon-1 well was drilled by the “Stena Tay” rig to
a depth of 2,523 metres when operational difficulties were encountered and it became necessary
to re-spud the well. The Espadon-1A well was spudded on 4 September and at midnight on
5 September had been drilled to the planned casing depth of 2,500 metres and was preparing to
run casing.
Well Location:
The Espadon-1 well is located approximately 108 kilometres west of Nouakchott, the
Mauritanian capital, and 13 kilometres west of the Tiof Discovery. Water depth is
approximately 1,680 metres, and the planned total depth of the well is 3,055 metres.
Well Details:
The well is targeting a salt dome with draped Lower Miocene sands in a similar structural setting
to the Chinguetti Field. The sands are of approximately the same age as the Chinguetti and Tiof
Oil discoveries. If successful the well will prove that oil has migrated a considerable distance to
the west of the Tiof area.