Phillip321, ill try and get something up in a more comprehensive post but I cant guarantee it as am a bit tied up at the moment. However just briefly; the annular fix for the BoP was done over the weekend. They are experiencing continued high-pressures which is something we always knew would occur. Gently, gently approach to ensure well integrity. The leak-off will start tomorrow after marginally drilling ahead today. Plan is for a 30m drop, then test.
The team are pumped based on results to date.
We havent seen the wireline logs from the upper objectives as not all the scheduled runs were done before the last cyclone. They've got the results but we are missing data to make a call on permeability and composition. However the various shows from the upper zones have been very encouraging. Without going into too much detail there is nothing in the indications which would prevent them from stopping.
Got to hop on a plane. Will report on other stuff in 3-days once I touch down and get some shut-eye
NEN Price at posting:
27.0¢ Sentiment: Buy Disclosure: Not Held
