WGP westralian gas and power limited

Announcement overview:Stockton well 20Drilling completed...

  1. 118 Posts.
    Announcement overview:
    Stockton well 20
    Drilling completed Wednesday evening, no sig. oil to surface, plugged and abandoned.
    Rig moved back to Riddle 8 Well to drill.

    Riddle 8 spudded, drilling prog. to take 3 working days then rig moving to Riddle 11. 2 wells expected to be drilled by end of next week.

    Riddle 5 & 7 expected to be good producers of oil and should be able to report on initial production levels by end of next week.

    Riddle 6 showed sig. water problems, uneconomical, well will be plugged and abandoned.

    Company continuing to discuss new leases of interest in the area with land owners.

    DYOR
 
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