update, page-24

Okay.

The costs.

Rig 18 cost a bomb, we know that’s.

A testing crew cost less per day and can carry on testing the Nullara limestone.

Questions.

1, Can the testing crew if the Nullara limestone a no go, cement of the lower section and then perforate and test the higher Anderson zones.

2, In the worst case and the Stoke Bay 1 well is a duster can the testing crew P&A the well or would Rig 18 or another have to come back on site.

Any views please.


My two cent worth is they should have finished testing with Rig 18. I think we need further info from ARQ clarifying the rational and costing.

PS Looks as if ARQ is not going to bring Rig 18 back to Perth this summer.