This is from their last drilling update on Kingfisher
Additional gas shows have been encountered in the subsequent intervals. The intersection of additional gas shows below the first primary objective of the well supports the prospectivity of the Kingfisher field. The Company plans to log the well after drilling to TD, currently expected to be 2,100 metres. A decision on further testing of all the identified sands will be made following analysis of the logs.
In thier last quarterly they said
The well is planned to be plugged and abandoned following well evaluation and production testing if applicable.
Notice the words following and if applicable.
Hope this helps
MEL Price at posting:
53.5¢ Sentiment: Buy Disclosure: Held
