LME limeade inc.
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hang on to your hats

  1. kansas
    1,590 Posts.
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    29/04/11
    08:10
    Post #: 8326882
    Drilling at the Ohai pilot project (PEP 38220) was successfully completed after the lateral well OM#7 intersected the OM#5 production well. OM#7 was drilled to a total lateral length of 1,150m and intersected the thick target Morley #2 coal seam within OM#5. Production well OM#5 was completed earlier in the quarter and encountered an unprecedented thickness of the Morley#2 coal seam of 38.2m. Well surface and subsurface production equipment is currently being installed with pilot production scheduled to commence in early May 2011.

    LME Price at posting: 11.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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