PPP 0.00% 3.7¢ pan pacific petroleum nl

Hi CharlIf you check TAP's various announcements there have been...

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    Hi Charl
    If you check TAP's various announcements there have been a few comments about Maitland.

    This snippet comes from the latest March Quarterly report :

    "Analysis and interpretation of Maitland-2 and 3H appraisal wells by the permit operator was continuing during the
    period with results due for release and discussion at the WA-33-R Joint Venture technical committee meeting in
    May. "

    A recent AGM meeting on 24 April saw the Chairman make this comment :
    "· The WA-33-R block holding the Maitland gas and condensate field, where a follow-up
    flow test and appraisal well is planned for later this year; this well will provide data to
    optimize any development design and engineering. Success here will result in a
    significant reserves increase to Tap, "

    And one of the presentation slides by the CEO had this information :
    " Maitland-2/3H appraisal well drilled
    and tested in Sept/Oct 2007
     Maitland-3H flow tested at surface
    constrained rate of ~6 MMscf/d
     Well test, core and petrophysical
    analysis nearing completion
     Further appraisal drilling and flow
    testing expected to commence in
    Q3/Q4 2008
     Rapid field development and tie back
    to existing infrastructure could
    facilitate a production start-up in late
    2010 "

    Hope that answers your question charl
 
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