CUE 0.00% 10.0¢ cue energy resources limited

Cue Energy - opportunity to buy, page-22

  1. 195 Posts.
    By now they should be at the logging depth (2540m), if no interruptions. The 1st log is resisitivity and then neutron-density. This would give them a very good idea of whether they have HC column and should be able to say if this is oil or gas (oil most likely). Then other logs will be run before pressure measurements. If everything is trouble-free then logging should take 2-3 days.

    After logs (max 4 days) and setting casing (1-2 days) they should continue to drill down to the lower objective. After reaching final TD, logs will be run. If no HC in lower objective, they will plug back (to isolate drilled lower section) and prepare for test that could take up to 7-10 days in total, although I am not sure if they planned for test. If not, they may elect to suspend the well and come with testing equipment at the later date.
 
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