TEG 0.00% 0.7¢ triangle energy (global) limited

Ann: Drilling starts at Booth-1 well in North Perth Basin, page-27

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  1. 6,520 Posts.
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    Day ONE of "21" almost gone!

    "The Booth-1 well has a prognosed total depth of 2,900m measured depth and is expected to
    take approximately 3 weeks to drill. "

    "The well will deviate 800m to the south-east from the surface location to intersect the three prospective reservoirs that are offset in depth and will have a true vertical depth of 2,670m "

    Decision made after reviewing modern Seismic procedures, supported by 3 companies TEG / STX / ECH

    How might the drill progress & announce each of the 3 stages of targets? How will the market react!?

 
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