ARQ 0.00% 8.7¢ arq group limited

we should complain more oftenbetter than flooded out...

  1. 495 Posts.
    we should complain more often

    better than flooded out ...!!!

    Present Depth at 0600 hrs: 993mMD
    Time of Reporting: 0600 hrs, WST 23 November 2007
    Operations Since Last
    Report:
    Drilled 444mm hole to 261m. Set 340mm casing. Drilled 311mm
    hole to current depth of 993mMD
    Current Operations: Drilling ahead in 311mm hole at 993mMD
    Hydrocarbon indications: Oil fluorescence has been recorded in interbedded sandstones
    and claystones over multiple intervals from 110m to 925mMD.
    There have been no gas shows associated with these
    occurrences.
    The significance of the oil shows will be determined once all
    formation evaluation and wireline logging has been completed.
    Comment: The presence of oil shows from 110 metres to 925 metres is very
    encouraging and confirms that hydrocarbons have migrated to
    the Valhalla structure and through the Tullock Nose. Further
    evaluation will be required to assess the commercial significance
    of these shows.
 
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