Some of these prospects are getting well and truly ramped. I...

Some of these prospects are getting well and truly ramped. I certainly read a heap of bs on this one.

3 November 2004
Australian Stock Exchange Limited
Companies Announcement Office
Electronic Lodgement System
Dear Sir,
ANNOUNCEMENT TO ASX
DRILLING ADVICE: ARWON # 1 PEL 93, COOPER/EROMANGA BASIN SA
Stuart Petroleum Limited advises that DST #3 over the interval 1742-1755 metres
in the Epsilon formation recovered no gas to surface and 66 barrels of formation
water.
The evaluation program will be completed by running DST # 4 in the McKinlay
formation over a shorter interval than tested previously in DST # 1. The objective
is to determine whether oil production is possible at economic rates.
The status of Arwon # 1 at 0800 hrs 3 November 2004 is:
Location: PEL 93, 55km south-west of Moomba
Planned Total Depth: 1930 metres
Current depth: (Final) 1846 metres
Operations: Laying down test tools
Spud: 02.00hrs, 23 September 2004
Participants in the Arwon Joint Venture are:
Stuart Petroleum Limited (Operator) 88.8% (STU)
Cooper Energy NL 11.2% (COE)