THK unknown

a sleeping giant

  1. DRB
    420 Posts.
    For those who may not have caught the announcement yesterday;

    This company (imo) has a long way yet to move much higher, watch and see.
    The Directors of Tomahawk Energy Limited (ASX:THK) are pleased to announce that
    the fourth well, the Snell Heirs 2-19 has reached total depth of approximately 3,900 feet
    and has encountered gas shows in several secondary objectives and had significant gas
    shows in the primary objective the Mississippian Caney Shale.
    This is now the forth consecutive well to return gas shows in both the secondary and
    primary objectives.
    The significance of these shows can only be confirmed after running a full suite of
    electric logs. The wellbore is currently being conditioned to run logs which will be
    evaluated and released over the coming week.
    The third well in the program, Snell Heirs 8-13 is being prepared to be brought into
    production with perforations of one of the secondary objectives, the Jefferson Sandstone
    being carried out this week. An 8 feet net pay of gas-saturated sand has been identified on
    electric logs and during drilling at the top of the Jefferson Sandstone.
    Should you have any queries regarding this announcement or any aspect of the
    company’s development please contact the undersigned on +61 8 9267 4210.

    As always read below
 
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Currently unlisted public company.

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