NSE 0.00% 0.4¢ new standard energy limited

is this..., page-2

  1. 7,874 Posts.
    lightbulb Created with Sketch. 109

    "From announcement on 7th of June:
    New Standard Energy Ltd (New Standard) advises that the Moeller #1 well was drilled to total depth (TD) of 12,750 feet (3,886m) over the weekend. Good hydrocarbon shows were noted in the mudlogs around the original anticipated TD of 12,500 feet (3,810mm) and as a result the well was drilled to a slightly deeper total depth"

    yeah, it sounds that they drilled a little to deep, cant blame them for that when there getting good shows they would have learnt from that now, i would say they will drill moeller#2 up dip next time.
 
watchlist Created with Sketch. Add NSE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.