15 July, 2010TUI EXPLORATION DRILLING UPDATE KAHU-1The Operator,...

15 July, 2010
TUI EXPLORATION DRILLING UPDATE KAHU-1
The Operator, AWE Limited, advises that at 0600 hours today (NZ time) the Kahu-1 exploration well was drilling ahead at a measured depth of 3,692 metres.
Progress for the week was 2,188 metres. The forward plan for the well is to drill to total depth of approximately 3820 meters and complete wireline logging.
The Kahu-1 well is an exploration well within PMP 38158, located approximately 3 kilometres east of the producing Tui oil field.

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In the 08-07-2010 asx release they stated:

""Kahu-1 will test the Kapuni group sands within a large incised valley feature immediately east of the Tui oil field.""

and

""It is anticipated that top of the target reservoir should be intersected in the coming week.""

Does anyone know what is the prognosed depth for the target reservoir. We must be very close, if not already there ?