I was just talking to Stapleman about this offline, and while they havent said they will announce the latest logging results they did state the approach in Sept at the Good Oil conference:
“That announcement will be made after wireline log evaluation of some or all of the objective targets”
Obviously they never made this announcment. This was due to the following well events: 1. 13 3/8" casing set (~26th August) 2. Drill into upper objectives (~1 Sept) 3. 12 1/4" hole (penetrating the 3-upper objectives) prepares to log but goes too deep before setting 9 5/8" casing. 4. 24th Sept, plugged back to 13 3/8" casing. Prep for sidetrack.
As we are at the shallower 12 1/4" hole point, and logging to presumedly finished we should get something (this week).
NEN Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held
