Gas samples have been collected and will be analyzed. Preliminary on site analyses indicate that the gas is high in Helium, up to 5.8 percent uncorrected
Mt Kitty 1 well until logging operations are completed and gas samples are analysed
It is hoped to obtain data adequate to establish the source of the gas influx, pressure data, and if present the direction and orientation of natural fractures.
n the last 12 months 986 miles (1,587 kilometers) of seismic has been shot in the Southern Amadeus Basin providing a useful stepping stone to the future. - See more at: http://www.rigzone.com/news/oil_gas/a/132570/Santos_Ends_Drilling_Work_at_Mt_Kitty1_in_Amadeus_Basin_After_Rig_Incident/?pgNum=1#sthash.GBEsKNEG.dpuf
- See more at: http://www.rigzone.com/news/oil_gas/a/132570/Santos_Ends_Drilling_Work_at_Mt_Kitty1_in_Amadeus_Basin_After_Rig_Incident/?pgNum=1#sthash.1fSqtN2Q.dpuf
CTP Price at posting:
44.0¢ Sentiment: ST Buy Disclosure: Held
