IPM incremental petroleum limited

koyustu 1 gas discovery

  1. elyom_sf
    1,201 Posts.
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    09/01/07
    12:47
    Post #: 2098123
    Finally something to smile about. ASX announcement out that IPM have 15% of a gas discovery in the first of the two main intervals of the Koyistu-1 well. Flow tested at 2mmcfd on 0.5 inch choke.

    The second interval to be tested in the next few days.

    The announcement also says that wireline logs identified further 2m gas zone but that will be left untested until they return to the well for commercial production.
    IPM Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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