This is a map if the Queensland AJQ Tenements showing holes drilled so far. The pink section showing the Lawn hill shale area and the Green Showing the extended Lawn shale and Riversleigh shale formations.
To date 4 holes have been drilled in the Lawn shale/Riversleigh Shale area (in Pink area below )these are:-
1. Egilabria #1 Vertical Well - (Historic Well by Camalco encountered gas) Lawn shale 125m Thick)
2. Egilabria #2 - Vertical and Lateral Well drilled by AJQ which encountered several Conventional Gas zones and Gassy Lawn Shale formation. Lawn shale 136m thick.
3. Egilabria #4 Vertical Well drilled by AJQ which encountered several Conventional Gas zones and Gassy Lawn Shale formation and the Riverleigh Formation which also is gas bearing.
4. Breamsbrook #1 Vertical Well (Historic Well)
Here is a seismic cross section of a few of the above wells and shows the targeted formations.
AJQ Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held