re: report....!
COMPLETION REPORT: REG SPRIGG WEST # 1 PEL 90/PPL 194, COOPER/EROMANGA BASIN, SA Stuart Petroleum has been advised by the Operator (Santos) that the following results have been obtained: Location: PEL 90 Candra Block/PPL 194, 1.5 km west of Reg Sprigg # 3 Actual Total Depth: 2380.4 metres Operations: Completing the well prior to production testing The Tinchoo 74-0 sand was perforated and flowed on clean up 9.7 million cubic feet of gas per day accompanied by condensate at approximately 500 barrels per day. The Tinchoo 73-0 sand will be the next pool to be perforated and tested. Participants in the Reg Sprigg West Block Joint Venture are: Santos Group (Operator) 52.0142% Stuart Petroleum Limited 18.75% Delhi Petroleum 12.8572% Origin Energy Resources 7.902% Beach Petroleum Limited 6.25% Novus Australia Resources 2.2266%
and tomorrow Arwon #1 :))))
STU Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held