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2.04% 5.0¢ central petroleum limited

ooraimnna daily drilling updates, page-2

  1. Ya
    6,809 Posts.
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    11/06/10
    13:10
    Post #: 6796220
    As per the time-depth cuve on their website:

    Conductor set @ 18m
    Drill 12.25" section to first casing point: 485m
    Proposed TD @ 1785m
    First target: Pioneer SSt @ 1160m.

    O2 will b drilled by an under-balanced system (air/mist, so any gas in the fractures/pores should b flushed out as they encounter the SST).

    Last time anyone air-drilled in this area was back in 2004/05, when Magellan-STO JV drilled 3 wells. 2 of the Mereenie wells (EM#42 & WM#18) flowed 15 mcfd & 11 mmcfd.




    CTP Price at posting: 35.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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