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13.0¢ byron energy limited

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

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Little T

811 Posts.

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13/12/17

12:16

Post #: 29595485
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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.

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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
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