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Ann: L7 and EP 437 Drilling Progress, page-36

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  1. 996 Posts.
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    Mikey thought exactly the same when reading the MIN Qtly.
    Great results for MIN and lets just hope some of that success they are having will rub onto us.
    Makes the mouth water that is for sure
    Their results keep making CT and MC very happy and looking forward to the drill bit talking for us.
    Yes they see similarities and very nice structures in the 3D of Booth. Real good for us. Just what do those structures hold?
    Not long we will get a handle on this result.
    The rig we have booked is doing a big deep drill prior to arriving for TEG/partners drill so that will better determine our timing.
    If all goes well then we are away June, rig encounters drill issues we are away early July.
    So lets hope they kick Butt, all goes to plan and we get the Big Rig earlier than later.
    CT hoping to do an East Coast preso run again prior to drill to gain more attention and spice for our big event. Be great if he can make it happen.
    Hang in there MIkey will be an epic couple of drills. Just what we need. Next week May already
    Personally I am a big fan of our second drill as well in 437, I have a very good feeling about that one after a number of discussions.

    From MIN today and activity in PB - Going back in May for further oil testing. Huge results for MIN.
    Lockyer-5 Sidetrack-1 (ST-1) revealed 27m of net gas pay with an average porosity of 18%2.
    Well testing highlighted a maximum flow rate of 106 million standard cubic feet (MMscf) per day and an average flow rate of 104 MMscf per day, the highest stabilised flow rate in the Perth Basin.
    Drilling of North Erregulla-2 oil appraisal well in April 2024 intersected significant oil pay interval, comparable to the 47m net pay evaluated at North Erregulla Deep-13.
    New oil pay was also observed in the overlying Arranoo Sandstone.
 
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