AOK 0.00% 0.4¢ australian oil company limited.

Ann: Dempsey Well Testing Update, page-3

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  1. 1,647 Posts.
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    "The second zone of gas shows in the well has been perforated and is in the process of being tested. This zone has flowed dry natural gas and no water (see figure 1 below) and has confirmed initial shut-in pressures exceeding 6000 psi. Further gathering of test data is required before we have sufficient information to meet regulator guidelines on reporting results. Analysis of the potential of this zone is still at a very early stage, but the gas flowing from this zone is most encouraging"

    Key words MOST ENCOURAGING

    DYOR
 
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