re: + + drilling of arwon to start today + +
ANNOUNCEMENT TO ASX DRILLING REPORT: ARWON # 1 PEL 93, COOPER/EROMANGA BASIN, SA
Stuart Petroleum advises that the Arwon #1 wildcat exploration well spudded at 0200hrs this morning and is drilling ahead to surface casing point.
The status of Arwon # 1 at 0600 hours (CST) on 23 September 2004 was: Location: PEL 93, 55km south-west of Moomba Planned Total Depth: 1930 metres Current depth: 20 metres
Operations: Drilling ahead in surface hole Spud: 02.00hrs, 23 September 2004 Participants in the Arwon Joint Venture are: Stuart Petroleum Limited (Operator) 88.8% (STU) Cooper Energy NL 11.2% (COE)
Yours faithfully,
Tino Guglielmo Chief Executive Officer
STU Price at posting:
0.0¢ Sentiment: None Disclosure: Held
