Hi steve,
From the latest activities report there is a table on page 4 which outlines the various dates for wells in phase 2, i have posted them below. Note Ooraminna 2 was "penciled in" for 15/5 with completion around 5/6, considering the trading action and lack of info from the company it's highly unlikely this will spud the day after tomorrow, only IMO of course. This is no big deal, we have waited this long, although, sentiment and credibility has taken a battering of late so would expect that the crew is doing their best behind the scenes to get it on track asap.
http://www.hotcopper.com.au/announcementFiles/2010/CTP/51afc961-a2b0-4706-9bc3-a82ede81545c-CTP489861.pdf
CBM 107-002
30th April
31st May
Coal Seam Gas
UCG potential
Independent estimates of 34-70 Trillion cubic feet CSG, over 1 trillion tonnes coal above 1,000m
CBM 93-002
1st June
1st July
Coal Seam Gas
UCG potential
Independent estimates of 34-70 Trillion cubic feet CSG, over 1 trillion tonnes coal above 1,000m
Ooraminna-2
15th May
5 th June
2 trillion cubic feet gasUGIIP
Has flowed gas to surface before Ooraminna-1 in 1963, to be drilled with air to maximise potential production
Johnstone-1
15th June
15th July
500 million barrels oilUOIIP
Similar target to Mereenie Oilfield structure
Magee-2
1st August
10th September
800 billion cubic feet gasUGIIP, 15 billion cubicfeet helium UGIIP
Magee 1 drilled in 1992 flowed gas to surface with condensate and 6.2% helium, currently sells > USD$100/1,000 cubic feet
1,380 km seismic
1st January
15th July
Broadacre and prospectspecific programme, oil,gas, CSG, UCG, coal, condensate and gas
Interrupted by two bouts of very heavy rain, now c. half completed
Add to My Watchlist
What is My Watchlist?
