There is really no surprise in the results, they have punched a fair few
Holes now in the jv area with no gas content. One thing to remember
Is this is a corehole, so most likely coded over the entire measures
And you would think that if the core gear wasn't working, u would stop
Drilling until you fixed the gear. Truthfully, u would not risk zero recovery
Cause the gas content is critical. It is however a convenient excuse if u don't want to release results, much like the previous Lydia wells. They must be praying for some structural trap, cause u can pretty much write off the jv area explored to date. To make matters worse, blue drilled at the south end of 626,updip to the east and walked from low gas content. How he got stanwell to commit stage 2 is beyond me. No, the glory land lies to the east of 218, if beach can prove it up...
- Forums
- ASX - By Stock
- ICN
- Ann: Drilling Update ATP626P
Ann: Drilling Update ATP626P , page-24
Featured News
Add ICN (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.608M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
ICN (ASX) Chart |
Day chart unavailable