COI 2.56% 19.0¢ comet ridge limited

Ann: Mahalo Block Mira Field Technical Update On Under-reaming, page-6

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    We should start to get some good stuff shortly!

    The upcoming drilling focus will now move to the Mira 6 horizontal pilot well where planning is advanced with spudding expected to occur during October.

    Mr McCaul said that the three under-reamed Mira pilot wells (Mira 3, 4 & 5) have now all successfully been brought back into production following the workovers in August. Pumps in these wells are all performing to expectations and daily flow measurements and pressures are being recorded. The Company expects to provide a performance update on flow and pump speed increases over the next several weeks as flow data is gathered and analysed.
 
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