STTCOMP E2E TA LONGSP---.005MC---3.84SOI---769+MCASH---In debt,...

  1. makememoneypls
    1,699 Posts.
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    28/11/19
    11:28
    Post #: 41681344
    STTCOMP E2E TA LONG
    SP---.005
    MC---3.84
    SOI---769+M
    CASH---In debt, but manageable (according to management)

    Drilling Update - GOVT KAEHNE #9-29 Well (28/11/19)

    Highlights:

     CapStar Rig #311 reached TD of 6,460 feet on Nov 27th at 8:00 am (US MST), two days ahead of
    schedule
     The Muddy (Secondary) formation was intersected at 6,056 MD feet with good oil and gas shows
     The Dakota (Target) formation was intersected at 6,279 MD feet with strong oil and gas shows
     Open hole logging and drill stem testing will be carried out over the next 48 hours

    Refer to todays ann for more info
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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