Word is filtering through that Century Rig #11 is currently mobilising to do XYRIS - 1 gas well roughly for the 6/2/04 start. Kingia-1 expected to spud 17/1/04, to be followed by Hovea-11. This will then be followed by Redback-1 gas well. These are the first three of eight in current program .
Kingia-1 is quoted as having a mean size 26mmbbloe, and brokers talked a suspected P10 of 36-40mmbbloe.
Whatever , it is all very nice looking with this huge exploration time , when we are in for a surprise 1/4ly at end Jan04.
I note Yogi being very positive here on ARQ . All AYOers should jump aboard to get that hard earnt back .
huge exploration time(s)
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