In absence of delays / mechanical problems etc., today is 16th of drilling. Total depth is anticipated 2900 metres. 40 days to drill to T.D. expected. Thats a theoretical average drill each day 72.5 metres. Depth of drill at end of today calculates 16 X 72.5 m giving 1160 metres. Thats 40 % of T.D. What horizons and depths have been encountered ? Do they correlate with interpreted seismic ? People with capital at risk like being kept informed and respond with goodwill. Other companies release regular drill reports - why not EEG ? A report some time after T.D. reached is inadequate and untimely. Weekly reports beginning tomorrow or Monday would be appreciated.
WEEKLY DRILL PROGRESS REPORTS, page-3
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