I guess that's probably why the price dropped a bit today. We were expecting flow test results in early June, but now it's more likely to be late June/early July. Things have slowed down a bit on WE-4. Hopefully they'll be able to move straight into flow testing WE-5 then without any more delays.
this reads to me that we haven't reached the High Cliff formation yet. Will 5,000m TD get us all the way through this next formation? What if it's thicker than expected - will we keep on drilling until we hit basement? Is the drill rig capable of going deeper than 5,000m?
position changed from Held to Held Tightly.
Ann: West Erregulla Update, page-20
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