STU 0.00% 94.0¢ stuart petroleum limited

large seller...., page-30

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    re: report....! COMPLETION REPORT: REG SPRIGG WEST # 1
    PEL 90/PPL 194, COOPER/EROMANGA BASIN, SA
    Stuart Petroleum has been advised by the Operator (Santos) that the following
    results have been obtained:
    Location: PEL 90 Candra Block/PPL 194, 1.5 km west of Reg
    Sprigg # 3
    Actual Total Depth: 2380.4 metres
    Operations: Completing the well prior to production testing
    The Tinchoo 74-0 sand was perforated and flowed on clean up 9.7 million cubic
    feet of gas per day accompanied by condensate at approximately 500 barrels per
    day. The Tinchoo 73-0 sand will be the next pool to be perforated and tested.
    Participants in the Reg Sprigg West Block Joint Venture are:
    Santos Group (Operator) 52.0142%
    Stuart Petroleum Limited 18.75%
    Delhi Petroleum 12.8572%
    Origin Energy Resources 7.902%
    Beach Petroleum Limited 6.25%
    Novus Australia Resources 2.2266%

    and tomorrow Arwon #1 :))))
 
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