short term trading week starting - 3rd feb, page-8

  1. 24,192 Posts.
    lightbulb Created with Sketch. 5566
    BPT - hits gas

    Redland-1, which reached a total depth of 3,804 metres on 23 January 2014, exhibited significant gas shows during drilling. An interpretation of the wireline log data indicates the target interval to be gas saturated, which is supported by mud gas readings of up to 800 units.
    Redland-1 is currently being cased pending subsequent hydraulic stimulation and flow testing as part of a multi-well stimulation campaign beginning in the third quarter of 2014.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.