SHG singular health group ltd

drilling overston 2 shortly

  1. sle
    11,125 Posts.
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    SHG followers just an update that the drilling of Overston 2 is due around the 7th of February (weather permitting). 3d Seismic analysis has been completed and obviously utilised to pin point the best drill location. It must be stressed that the gas has actually been located on this one (Overston 1 find), it's just a matter of drilling an undamaged hole to enable a maximum flow rate to be achieved. Probable reserves on this one were estimated (Overston 1 ) at 137BCF approx. (Independant Research anaylsis). It's been slow going especially since the partnership with Samson has occurred but hopefully for those SHG/SHGO holders a wait well worth while. P.S. Please do your own research prior to, if you are intending to purchase.
 
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