Hi Cara,Yes, hopefully MEL will stick with the plan.That said,...

Hi Cara,
Yes, hopefully MEL will stick with the plan.

That said, it interesting timing for MEL to exercising their 10 million BYE options given the status of Raptor. Will MEL have information on a Raptor discovery or dry hole result before having to commit to exercising the 10 million options at 25cents ($2.5 million decision). Could be close.

Timeline - guesstimate
June 21 Drill out the 9-5/8" casing shoe set at 12,726 feet MD. Drill about 30 feet of new hole.
June 22 Conduct Formation Integrity Test.
June 23 Commence drilling 8-1/2" hole towards primary objective which is about 1000 feet MD (305 metres) from where we are today 12,726' MD
At a rate of penetration of let's say 100 metres per day (4-5 metres per hour) we should penetrate the first sand on or about
June 26-27...optimistically??

Kind regards OldGeo