people seem to have forgotten this part of the announcement on the 7th,
The well depth is currently 3912m, just above the Elang/Plover target reservoir. The rig is currently changing the 8½ inch bit to improve the drilling rate of penetration. The rig expects to re-commence drilling on SUNDAY, DECEMBER 9, 2007. The prognosed total depth of the Heron North Elang/Plover formation is just below the mapped structural spill point at 4260m.
cheers
MEO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held