Blamore 1 Report from 0600 hrs 15th July to 0600 hrs 16th July 2008 Drilling : Drilling ahead 1,595m RKB in ?top Purni Formation (Permian) fine grained sandstones and siltstones, minor interbeds of coal. Geology : Encountered interpreted top of ?Permian Purni Formation at 1,503m. Encountered coal from 1,537-1,544m, elevated gas readings to 26 units maximum, typical composition over the coal interval : C1 3441ppm, C2 183 ppm, C3 33 ppm, iC4 9 ppm, nC4 3 ppm, iC5 2 ppm, nC5 1 ppm Oil Shows : No oil shows have been observed in samples other than over the previously reported interval 996m to 1017m in the ?top Algebuckina Sandstone . Total Depth : Planned total depth is 2,500m.
CTP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
