I think that tells a sufficient summary detail for now on state of the well..with stimualtion and tie in to infrastructure to go over next two months..
Well done Armour and for providing another update right on time!!
"Myall Creek 4A was drilled and cased on time and on budget without any adverse operational,environmental or safety incidents."
"The well was successfully wireline logged for further petrophysical and geomechanical analysis,and the prospective 300 ‐ metre gross production section was cased with 4 ‐ 1/2" casing and cemented in place. Armour and its contractors are currently finalising preparation for a multistage hydraulic stimulation with the aim of enabling commingled production from stacked hydrocarbon saturated sandstones in the Triassic and Permian"
AJQ Price at posting:
8.7¢ Sentiment: Buy Disclosure: Held