Mind the GAP, page-18

In my original post I had the impression that natural fractures were involved in designing the 2 Mereenie appraisal wells.



Eventually I tracked it down to the 30 June Quarterly Report Page 2


“The modelling of the natural fractures at Mereenie, based on over 60 data points, and the Stairway in particular has now been completed and two drilling locations have been selected. We know that low nitrogen gas exists in the Stairway and has a potential gross 2P target of 95–160 BCF (110–185PJ).
Subject to joint venture approval and funding, a two well horizontal drilling programme designed to intersect the natural fractures is now ready for execution.”

Given that this was 2 well program was ready for execution and that it would be beneficial to drill the 2 wells consecutively I would have thought that as soon as it became apparent that the rights issue was successful I would have thought that the rig/s would have been pre negotiated & we would have been told about an aggressive drilling program.

I would certainly like to know the coordinates of the 2 Mereenie wells.

Perhaps CTP could look at the feasibility of running run top-hole rig over 1 Mereenie & Ooraminna wells at least to make sure we spudded Ooriminna in time.

I would like to thank psi81 for his very valuable comments on Mereenie Horizontal drilling which I commend to readers..

Regards
OGP