ACN 0.00% 28.5¢ acer energy limited

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  1. 269 Posts.
    Date: 1 February 08
    To: Australian Securities Exchange
    Companies Announcement Office
    Electronic Lodgment System
    Dear Sir
    Drilling Report - Flax 5
    Innamincka Petroleum advises that as of 06:00 hours this morning, the Flax 5 development well
    had reached TD at a depth of 2777 m. Oil and gas shows comparable with nearby wells were
    encountered throughout the reservoir sections. Current operations are running wireline logs.
    Daily updates of drilling progress are posted also on the company website www.innapet.com.au
    Participants in the project are:
    Innamincka (operator) 75%
    SCGAU 25%
    Yours sincerely
    Innamincka Petroleum Limited
    Leni Stanley
    Company Secretary
 
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