Drilling depth targetted 4,000m but may be shallower depending...

Drilling depth targetted 4,000m but may be shallower depending on results.

Spudded in the evening of 31 Jan
Drilling to 9 Feb (= now 9 days of 24 hour drilling?).
Drilled and cased 24in section to 500m
Now drilling 17.5in section to 1184m.

Simple linear extrapolation: 1184/9 = 131.55m per day = around 30 days to full target depth?

From memory PTR started off with low 30's m per day.

Interested to hear your thoughts Juke. While to a non-engineer like myself, a smaller diameter should mean a faster rate, I believe you previously made the comment that the rate normally slows at further depth???

Looks like they're setting a cracking pace to me.