STU 0.00% 94.0¢ stuart petroleum limited

Ian,From the announcement:"The core in McKinlay formation...

  1. 1,987 Posts.
    Ian,

    From the announcement:

    "The core in McKinlay formation achieved a recovery of 99%. The McKinlay formation was intersected as prognosed and is hydrocarbon saturated.

    DST #1 performed over the weekend, tested oil shows over a previously unidentified potential hydrocarbon zone in the Murta formation. The test was performed over the interval 1277.7 metres to 1297.1 metres.

    There was no flow to surface and the test recovered 5 litres of oil in an oil/mud emulsion"

    The time/depth chart shows them to be drilling into the Birkhead so next DST is probably due soon.

    Thoughts?

    Cheers

    Badfish
 
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