The operator, Senex Energy has advised that Shocking 1 is preparing to run wire line logs after reaching a total depth of 1667 metres.
Wire line logs will evaluate the presence of moveable hydrocarbons from the Murta, McKinlay and basal Birkhead formations which all exhibited oil shows. A drill stem testing program will be undertaken post logging as required to further evaluate any oil pay zones identified.
Ambassador Oil & Gas (ASX:AQO) earning 60% Senex Energy (Operator) 40%
AQO Price at posting:
18.0¢ Sentiment: ST Buy Disclosure: Held
