Amungee NW-1 Origins / Falcon OIL and Gas Beetaloo well drilled Sept to October 2015 to 2609 m TD took 6 weeks to drill with rig release a week later. Basic well completion report 20 pages long indicates events of " no returns to surface, tight hole, unsatisfactory pressure test, killed well, killed line " etc., were all familiar occurrences and readily dealt with. Tanumbirini-1 Santos / Tamboran Resources Beetaloo well drilled June to October 2014 to 3946 m TD took 14 weeks to drill with rig release three weeks later. Full report is 1499 pages too long to read in full. In brief " Wireline " section only events referred to are 3 " caliper failed " entries. These seem to be familiar occurrences and readily dealt with. EEG Carpentaria-1 basic well completion report is not publicly available. Comparatively short time to drill and rig release suggest rate of drilling was excellent and uneventful. With Origin and Santos wells now fracking and flow testing release of further data by them will extend knowledge and be guide to possible EEG frac and flow test April 2021. Initial Carpentaria-1 lab report said to be available publicly late Q4 2020.
EEG Price at posting:
35.0¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)