KEY 0.00% 0.1¢ key petroleum limited

nyuni-2 well update, tanzania, page-4

  1. 17,111 Posts.
    lightbulb Created with Sketch. 30
    Does this sound like a discovery of some form to anyone else?

    Given total depth was to be 3325m and last update was the casing to 2945m they appear to have partially drilled into the target formation.

    They appear to have run a logging tool into the target formation (after prior casing) but done so prior to total target depth for some reason.
    Yet despite lengthy/costly overruns and drilling problems they have not P&A the hole even though in the target formation.

    That implies to me they got a reading from the logging tool that determined it was worthwhile to pull back and sidetrack?
 
watchlist Created with Sketch. Add KEY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.