Drilling in the permit recently farmed into is expected to spud in the first week of April. However current cyclone related swells may actually bring this forward.
They are drilling the gas target Kileau? with a target size of 1 TCF. SUR holds 7.5% of the permit.
Corvus discovery 10km away had >240m of gas.
Apache now targeting gas with a view to supplying onshore major projects. A gas pipline is already planned to pass within 5km of the target.
I hold
acturtle
SUR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
