SUGARLOAF– TEXAS USA Drilling update • Spudded August 06 • 92 feet (28m) potential gas pay intersected in shallow secondary target • Wire-line logs over 14,480’ to 17,000’ indicates several additional thin zones of potential gas pay • Casing run to 17,000’ • Well Depth at 20,685ft in target formation Forward plan § TD ( ~ 21,000 ft) expected shortly § Several gas shows in target formation to be reviewed by wireline logs post drilling § Flow test
EKA Price at posting:
0.0¢ Sentiment: Sell Disclosure: Held
