"Wire line logs and sidewall cores indicate a gross oil column of 14 metres over the interval 1,772 metres to 1, 786 metres with the majority of the gross oil column being net oil pay. Wire line formation sampling is in progress to obtain oil samples from the oil column for production engineering data.
The forward plan for Snatcher-1 is to complete the well as a producer with the Century Rig 3 drilling rig and then move the rig to the Snatcher-2 exploration well location, 899 metres to the north west of Snatcher-1."
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