I know it is a struggle to wait for Linc to release any drilling results, but at least the SA govt can fill in some missing data points.
Pata #1
Confidential
Info release date 8/12/2016
Spud 11/10/2014
Released 8/12/2014
Exploration
Oil Shows
Abandoned
Arckaringa
TD 1828m
http://www.pir.sa.gov.au/__data/assets/file/0020/43526/sa_wells_info.xls
I have been told they had just got to the Pre-Permian, where they twisted off. The 1828m figure puts them very close to their prognosis figure, which is great, just unfortunate we never got to see what was below.
Talking of drilling results, surely it is time for an update on Eba #1. No news is bad news as we all know. This is their flowing barrels well and it is suppose to be located in the Pre-Permian. Not that I would knock back flowing barrels, but just some news of oil or gas shows on the way down would be nice. From their previous report on Eba #1, they were several hundred metres out on their prognosis, and that was before they hit the Stuart Range, their most understood formation. I really want to hear about the Pre-Permian, where 80% of their claimed oil is suppose to lie.
Hint Hint Mr Linc!
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