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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Agree Ian,I think next week by MON-TUE the news could be very...
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