no worries for tp/15 farm-out, page-6

Hey young trader,I was doing a bit of research on where we could get a rig and I came across this info.

AWE is a member of a "Rig Club"

http://www.pc.gov.au/__data/assets/pdf_file/0005/83444/sub017part2.pdf

Question are we?


Origin energy advised that the weatherford drilling rig 826 is currently drilling the redback 2 exploration well.
Redback 2 is being drilled as a directional well to intersect the target wagina resrvoir.


http://www.scandoil.com/moxie-bm2/by_province/australia/origin-energy-provides-drilling-operations-at-pert.shtml



This rig had previously drilled Warro and Gingin west-1.



http://www.dmp.wa.gov.au/documents/Petroleum_WA_Sep_2009b.pdf

Im not suggesting that this rig is already ours for TP-15 but its in the right neighbourhood for a start.

If we relisten to Peters radio broadcast and the last quarterly report TP-15 and the shale gas are linked,they/we are only arguing on how much potential is in the gas for the consideration.
Plans must be IMHO already in train for TP-15, is the Weatherford drill rig 826 part of them, only time will tell.

Cheers