CTP 5.66% 5.6¢ central petroleum limited

Ann: Palm Valley 12 Drilling Update, page-5

  1. 473 Posts.
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    It was just a rough calculation of progress from the announcement dated 9/8 where depth was 2150.
    This announcement say depth is now 2301. So, in 7 days they've progressed about 150m, which is roughly 21m/day.
    I still think its slow going, especially considering they are doing this sidetrack because the other drill was slow and problematic (i.e. costly).
    I wish them (us) well... here's hoping they are still on track for completion by end August.
 
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