2,356m the 7'' liner set
2,457m current depth 2nd July
101m advance since liner set
(drill string removed to set 7" liner,drill string backdown, drill 101m, drill string removed for new bit)
Rate of advance 2,356m to 2,457m "drilling performance has been reduced in the 6” hole section."
Target
2,568m top of primary
569m primary target interval
3,137m TD
Conclusions
2,457m recommence drill after bit change
111m above top of primary (as at 2nd July)
The reduced performance through the 101m may have lead them to a change the type of drill bit ,so from there on performance may be improved but this is still a challenging zone.
Hopefully we can be at the top of the target by the weekend but still long way to go through to TD.
(Oh the budget !)
Because of oil and gas shows, some getting back in after big seller made a choice and the remoras stuck close to big fish.
Maybe strat could comment. These are only my opinions.
NDO Price at posting:
3.2¢ Sentiment: Hold Disclosure: Held
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