EMR 0.86% $3.53 emerald resources nl

gas water contact

  1. 830 Posts.
    "Conditioning hole prior to running 4½ inch
    production casing to TD (8,250 feet).
    Successfully recovered Schlumberger FIT tool
    from Y-21 sand test. Test at 8,088 feet depth
    (23 feet below top of sand at 8,065 feet)
    recovered gas & salt water. The upper portion of
    the Y-21 sand will be tested through casing at a
    later date as will the Y-14, 15 & 19 sands which
    appear to be gas-bearing from logs."

    This basically means that they have found the GWC at around 8.088 ft. Meaning that the above sand we'll be full of gas.

    Great news.
 
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