Cost to CVN approx. $7m
Near to Outtrim East 1 --an oil discovery which was drilled by Esso in 1984
A full suite of logs will be run
Fluid and core samples will be taken
ETD 1725m
CVN has a 28.5% interest
Expected to complete 25 days from spudding.
JV looking for a thicker section of the known reservoir.
Ann: Roc-2 Well Update-CVN.AX, page-166
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