Hovea-2 has spudded, keep track on Arc's website at :-
www.arcenergy.com.au
i cannot see a major catastrophy happening here considering the 3D seismic after first well and low pressure data indicating no gas cap.
Maybe dongara reservoir section may not be as thick as indicated from H1 oil/water contact and lower targets may be dry.
Hovea-2 update
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| 16.0¢ | 502832 | 4 |
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| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
15.5¢ |
Change
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| Last updated 15.47pm 17/06/2024 ? | |||||
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