Delays are common with these complex drill and test cycles.... Unfortunate.... BUT... the great news is initial tests are very encouraging for MATERIAL OIL.....
One... more... week....
Cooper Energy Executive Director- Exploration and Production, Mr Hector Gordon, said “while the well has continued to progress slowly, the results have been positive. Our pre-drill reservoir model has been confirmed by the fractures defined while drilling and the oil recoveries to date.”
“We are confident that the Hammamet West structure contains a material oil resource. Whilst there have been delays, the results so far are very encouraging” said Mr Gordon.
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