good news 50ft net pay

and she flared...


Alto Energy International Limited (Alto) (ASX: AOI) is pleased to announce an update to its current
wells.
The Reed #4-8 has reached its Total Depth of 9,724 ft. Logs have been run and initial analysis has
confirmed approximately 150 ft of sand and 50 ft of net pay based on porosities observed. A flare
was observed while drilling through the sand.
Casing is being run and once the wellhead has been installed the drilling rig will move off location.
This is likely to be by the end of this week. A completion rig will be moved onto the well as soon as
possible as per procedure outlined below.
ConocoPhillips #4 well is preparing to drill ahead after setting casing, drilling out and formation