Elixir’s Managing Director, Mr Neil Young, said:
“We are pleased that the drilling of BO-CH-1 has led to the observation of gas in the system and encountered coal as suggested by seismic. However, the greater long-term value of the well is in the multiple use data it has gathered at low cost. The rig used for this well is now spudding the prime objective of our campaign - the Ugtaal-1 core-hole.”
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