AUJ 0.00% 36.5¢ augustus minerals limited

ggp announcement drilling ahead, page-2

  1. 608 Posts.
    lightbulb Created with Sketch. 11
    The Board of Golden Gate Petroleum Ltd (ASX: GGP) advises that the Richardson #1 Well has reached a
    depth of 5,868 feet, with a target depth of 9,500 feet and is currently drilling ahead. The well is several days
    behind schedule due to the recent tropical storm hitting the Gulf of Mexico mandating the rig cease drilling
    operations. In addition, the rig encountered mechanical difficulties due to a break in the drill string which has
    further delayed progress. These delays and related costs have not been incurred by the working interest partners.
    In addition, there is no direct impact on the well except the time delay caused by the equipment failure.
 
watchlist Created with Sketch. Add AUJ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.