SILVER STAR-1 EXPLORATION WELL UPDATE 1
The Directors of Planet Gas Limited ('Planet Gas') are pleased to provide an update of drilling of exploration well ‘Silver Star-1’ within PEL 638 in the South Australian Cooper Basin.
SILVER STAR-1 EXPLORATION WELL
Spud Date: 17 March 2017
Planned Total Depth: 3,600 metres
Current Depth: 175.5 metres as at 2400hrs on 19/03
Operations: Drill 17½" surface hole section to ± 1150m.
Participating Interest: Senex Energy Limited (Operator) 53.75%
Origin Energy Limited, 33.75%
Planet Gas 12.5% (free carried)
PGS Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held