TULAINYO UPDATE
RIG MOVING TO SITE OF TULAINYO GAS DISCOVERY APPRAISAL WELL
Magnum Gas & Power Limited (Magnum or the Company) is pleased to provide an update for the Tulainyo 2-7 gas appraisal well in the Sacramento Gas Basin in California. The Ensign Rig 587 is currently mobilising to the drill site and will commence operations shortly. The well is planned to a total, measured depth of approximately 1,700 metres with drilling operations expected to take less than one month to complete.
MPE Price at posting:
0.2¢ Sentiment: Buy Disclosure: Held
