re: oops ...... preopen
Sorry wrong day....oops here is todays..
ACN 051 212 429
First Floor, 14 Outram Street, West Perth WA 6005 Telephone: +61 8 9481 3322 PO Box 913 West Perth WA 6872 Facsimile: +61 8 9481 3330
th Date: 17 January 2006 To: Companies Announcements Office, ASX Electronic Lodgement: Number of pages: 2
ANNOUNCEMENT TO ASX
DRILLING RELEASE 7: EMILY#1 PEL-182, COOPER / EROMANGA BASIN S.A.
Eagle Bay Resources advises that the Emily-1 oil and gas exploration well is drilling ahead in the Upper Tinchoo Formation in 8 ½” hole. No significant shows were recorded from the Poolowanna Formation (the second main objective) or the top of the Tinchoo Formation. Both these zones will be further evaluated by wireline logs.
th The status of Emily-1 at 06:00 hrs (CST) on 17 January 2006 was: Location: PEL-182 Planned Total Depth: 2364 metres (TVD) Current Depth: 2186 metres – in Tinchoo Fm. Operation: Drilling ahead in 8 ½” hole. th Spudded: 23:00 hrs 7 January 2006
Participants in the Emily-1 well are: Eagle Bay Resources (Operator) 37.6% Audax Resources Ltd 39.9% White Sands Petroleum Ltd 10.0% Australian Oil Company No2 P/L 12.5% Rig: Century Rig-18 Target Strata: Hutton SS Poolowanna SS Tinchoo SS
Yours sincerely
________________ TONY RECHNER DIRECTOR
EBR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held