25/02/2009 Progress Report 5 if i am not mistaken Billy I remember the day well ... i was busying myself with some of my favorite internet channels when i quickly changed to my etrade page before i found the tissues and bugger me this came blazing down the screen ...it was too late for tissues billy ...you were probably about 10 at the time... and yes i have been this stupid..i mean been in it this long
Karoon Gas Australia Ltd advises that as at 06:00 hours (WDT) today Poseidon-1 was at depth 3552 mRT. At this depth a minor fluid influx was encountered, and the well is now circulating mud to stabilize the hole, prior to pulling out of the hole for a new bit and bottom hole assembly. A BOP test will be run prior to drilling ahead in 12 ¼” hole. Since the last report the well has been drilled from 3026 mRT.
Ann: Trading Halt, page-47
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