We're half way through the drilling time table today.
It's a bit early to expect any meaningful announcement other than "all's going to plan".
"Strike Energy Limited (ASX: STX) advises that the Steindorf 1 exploration well, to test the Deerslayer prospect, Texas, USA (see figure), spudded on 16 September and is currently drilling ahead at 2,357 feet (718 metres).
Steindorf 1 has a proposed total depth of 14,500 feet (4,420 metres) and is expected to take 40 days to drill."
This is a company maker if it hits the goods and I must say the predrilling share trading was very quiet. Doesn't mean anything though. We will know in 3 weeks.
Cheers,
update deerslayer - today???, page-4
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