Nice update, even with continuing Defender saga. SOA sounds very encouraging but highlight for me is this understated snippet for Aussie II:
"Once the completion string is in place (expected Saturday this week), the well will be plumbed to the surface facilities... and production operations will be initiated. This is expected to occur next week.
During the work-over operations this week the first 12 hour shift was occupied attempting to kill the well with a 11.2 ppg brine fluid. This fluid density was insufficient and a 11.4 ppg fluid was required to overcome the reservoir pressure... The reservoir pressure has exceeded our expectations. During the kill operations, 105 barrels of oil were recovered."
Just a pity some of the workers got gushed
SSN Price at posting:
7.8¢ Sentiment: LT Buy Disclosure: Held