STU 0.00% 94.0¢ stuart petroleum limited

any guesses on when arwon ann will be?, page-8

  1. 16,909 Posts.
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    Agree Ian,

    I think next week by MON-TUE the news could be very positive :)

    DRILLING ADVICE: ARWON # 1 PEL 93, COOPER/EROMANGA BASIN SA
    Stuart Petroleum Limited as operator for the Arwon #1 oil and gas exploration well
    in PEL 93 advises that the repairs to the drilling rig have been completed and
    operations have resumed. Drilling is expected to commence at 1030 hrs CST to
    evaluate the primary targets in the McKinlay, Birkhead, Hutton and the
    Patchawarra formations.
    The status of Arwon # 1 at 0600 hrs 22 October 2004 is:
    Location: PEL 93, 55km south-west of Moomba
    Planned Total Depth: 1930 metres
    Current depth: 790 metres
    Operations: Running in hole to drill ahead
    Spud: 02.00hrs, 23 September 2004
    Participants in the Arwon Joint Venture are:
    Stuart Petroleum Limited (Operator) 88.8% (STU)
    Cooper Energy NL 11.2% (COE)
 
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