The Eagle has landed lads at Phoenix South-1, 5min b4 5am.
So expect an update frm the company, (just like the TOL did on Sunday morn at Pharos-1).
Link to broker reports frm their website while they sort out the top hole. The Macquarie report in Feb mentioned that Apache will drill this to 5300m (which is 420m deeper then BP's first well).
CoS is 18-20% as per Strachan report, worth a read while the top hole gets drilled over the weekend.
http://carnarvon.com.au/?page_id=131
Ann: Phoenix South-1 Well Spud Confirmation , page-23
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