LMP l&m petroleum limited

june 7 drilling report

  1. 77 Posts.
    Dean-1
    At 06:00 today, the Dean-1 well was at a depth of 1428m and conditioning the hole prior to running
    intermediate wireline logs. Over the next few days the well will be reamed to open the hole to
    12-1/4” after which 9-5/8” intermediate casing will be installed.
    +++++++end++++++

    So, they have not announced that there is commercial quanities of gas. I don't know enough about gas exploration to know if it is normal to install BOP, and intermediate casings on a well unless you are confident there are commercial quantities. If not this is getting to be an expensive well.

    Would someone who has been in the game a while like to share their thoughts? I'd appreciate it.
 
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