SGC 25.0% 0.5¢ sacgasco limited

Ann: High Gas Shows in Lower Guinda Formation Sandstone, page-263

  1. 887 Posts.
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    Im not necessarily expecting an announcement till TD.
    From the last announcement - at 6am 19 Mar we were ahead of 6430 ft with drilling continuing to the next objective.
    however, the next "suite of petrochemical reservoir evaluation logs" are planned to be run at TD.(=9000+ ft?).
    there are apparently another 8 targets of interest along the way to TD..But sounds like no serious evaluation till TD.

    How far away we are - well theres some good guidance on this thread wrt drilling rates.
    and a drill estimated to take 30 to 35 days... has about another 5 days to run to TD.

    Sure will be some announcement when its issued.

    A lot has and will have gone on by then, since the last announcement.
    haha, and if we reported everything, we may well have been in trading halt the entire drill ! 11 targets.. 2 to 4 days per TH... DYO figures...

    Cheers all.
    Enjoy the anticipation
 
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