NZO 5.56% 38.0¢ new zealand oil & gas limited

Ann: Ironbark Weekly Drilling Update As At 22 December 2020 NZT, page-2

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    ...the final countdown... TD by end of December!

    The Mungaroo shale is almost drilled and we will drill all target sandstones immediately after 9 5/8" liner is set and cemented (which should need not more than 3 days for 822m; BOP was already pressure tested last week)

    I updated the graph. The 8 1/2" hole was planned as contingency, if they are unable to drill 12 1/4" to TD. Now we know, they will drill the primary and secondary targets with a smaller 8 1/2" size.

    https://hotcopper.com.au/data/attachments/2755/2755214-0bb850d17f46baa43d67b51d71dccc02.jpg
 
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