"The Tuatara-1 well will be drilled in 50 m water depth to a 2000 m target depth, which is expected to be reached by mid August. The well will target the oil bearing potential of Miocene aged sandstones, which are expected to be encountered below 850 metres depth"
"Fair to good oil shows at the equivalent sandstone level were observed in the only other well drilled in the permit area."
Does anyone know who drilled that other well and when it was drilled?
Regards
SP
AWE Price at posting:
$1.63 Sentiment: Hold Disclosure: Held