Australia's largest stock trading and investment forum Australia's #1 stock forum

BYE

Click for more information

0.00%

13.0¢ byron energy limited

Ann: SM 71 F2 Well Drilling Ahead, page-7

First 7 Last

Share
Profile

Follow
Little T

811 Posts.

283

13/12/17

12:16

Post #: 29595485
Share

Originally posted by 62strat ↑

Don't know what updates they'll give, but if the well design is as per F1, I'd assume that the 10-3/4" casing has already been set and cemented, and they are now drilling ahead in the 9-7/8" hole, maybe at around 3,800 ft or so (non problematic basis).

B65 Sand lying approx 6,500 to 6,700 ft TVD (intersected zone), so I'd expect them to be through that and evaluated somewhere around the 20th - 21st. That assumes the same drilling rate between the two different rigs used.

I think if they intersect a pay zone in the B65 sand they'd be keen to tell the mkt asap!....imo.

Expand

Strat.I think you will find that the drill is a much better drill than last time and is going very quickly so I think target zones will be hit a couple of days earlier than anticipated .

BYE Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

CXM

'Taking money from the market': Garbage giant cleans up as this week's Hot Stock tip

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 8 more messages in this thread...

First 7 Last

Add BYE (ASX) to my watchlist