MIN 0.03% $38.47 mineral resources limited

NWE Refugees, page-78

  1. 3,126 Posts.
    lightbulb Created with Sketch. 5977
    as of 1st May...all the gear has been shifted from LKR-2
    https://hotcopper.com.au/data/attachments/5248/5248570-33098292066c5b7cd0ea66b0100c9bce.jpg
    and made its way to NED-1. Not sure if it has spud yet, but should be any day now. Not sure if MIN will announce.
    https://hotcopper.com.au/data/attachments/5248/5248572-85d7c6ed60c8c0c7c2a627891e71b1c1.jpg
    NED-1 is the best location on the structure. Prospective for oil in the Wagina-Dongara and Gas in the Kingia.
    After NED-1 is done, the rig goes to STX for what originally was meant to be 2 holes. If you read the STX anns, it says they have scored an extra rig slot - they now will drill 3 holes. So I guess LKR3 will not be drilled. MIN is saving one rig slot presumably to be drilled after they have had a chance to look at the 3D seismic and results of NED-1.

    Lockyer field is not done yet. Would have been better all around if NED-1 was drilled first.
 
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