News: Pryme Energy commence completion for Rosewo, page-15

re: News: Pryme Energy commence completion fo... AKK has only tested the Austin Chalk with a fracced vertical well which has been producing @ 20bls per day--which their management were happy with.

The horizontal has the ability to drill through the many fracture systems.

Pryme's drilling picked up a extensive fracture system near the end of their lateral that became problematic with the pressure of gas and oil coming to surface, so they decided to terminate the drilling early.

Info from ASX announcements.