PPP 0.00% 3.7¢ pan pacific petroleum nl

thanks sentina ,Looking closely for ppp to do well in areas with...

  1. 236 Posts.
    thanks sentina ,

    Looking closely for ppp to do well in areas with good results, although its never a given in the oil business.
    Two targets I believe. Wonder if they have the same structure as tui.

    As for Kan TanIV 21st january release from AWE/Origin:

    Quote:"Origin Energy, on behalf of the T/18P Joint Venture, advises that
    as at 06:00 hours EDT on Thursday 21 January 2010 the current
    operation at Rockhopper 1/ST 1 is drilling 8 hole at a depth
    of 2,106m. So far 136m of the sidetrack has been drilled.
    Repairs to the cranes on the Kan Tan IV drilling rig were
    completed at 17:30 on 19 January 2010 at which time operations
    on the Rockhopper 1/ST 1 well commenced.
    The side track is designed to appraise the oil and gas zones
    discovered in the Rockhopper 1 well and is being drilled to intersect
    the main reservoir sections approximately 1.3km south and down
    dip from their penetration in Rockhopper 1. This will allow the
    volume of oil and gas discovered in the Rockhopper structure to be
    fully evaluated.
    It is anticipated that from today the sidetrack will take
    approximately 1 week to reach the primary reservoir section and
    a further 2 weeks to complete data acquisition and plugging and
    abandoning operations. As planned, the sidetrack and the
    original Rockhopper 1 well will be plugged and abandoned."

    3 weeks approx from 21st january to end of drilling
    2-3 weeks to shift and set up. About a month+1/2 Hoki then tui hopefully closer to april.

    Thanks for the leg up sentina
    daveo
 
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