Proposed TD: Depth : 3740mMD; (Vertical Well) Elevation: Ground Level is 57.2mAMSL Rotary Table is 62.9mAMSL Spud Date: 17:00 hrs, WST 22nd January 2008 Present Depth at 0600 hrs: 3730m MD (TD) Time of Reporting: 0600 hrs, WST 17th April 2008 Operations Since Last Report: Drilled 152mm (6”) hole from 3325m to TD of 3730m. Current Operations: POOH, preparing for wireline logging operations Hydrocarbon indications: None Comments: Since the last report the well has been deepened to a final total depth of 3730metres. The Famennian carbonate secondary objective was encountered as prognosed but had no significant hydrocarbon indications. The well will now be logged and a cased hole production test conducted over the primary objective Tournasian gas sands. It is expected it will take at least five days to complete this operation. Results will be announced as they become available.
ARQ Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
