CUE 5.26% 10.0¢ cue energy resources limited

Mapped the co-ords for the rig. It is currently sitting in...

  1. Ya
    6,809 Posts.
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    Mapped the co-ords for the rig. It is currently sitting in WA-359-P & is apprx 10kms East from Banambu Deep-1 (which was drilled by WPL-BHP-CUE in 2012, TD'd at 4696m depth targetting the Triassic Mungaroo sands which were water-wet). I think BD-1 should b the offset well.
    Will check its movement in the next couple of days.

    IB-1 is in a parallel faulted block & will b a much deeper drill to reach the stacked sands, so expect news flow when they get to TD around Jan.
    Will be interesting to see what they find & depending on the results whatever plans they may have for appraisal work. GLTA.

 
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