Gas2Grid Limited (“GGX”) is pleased to announce that their exploration wildcat well, Kate-1, commenced drilling operations late on Thursday 8th May. The well is at a depth of 140 metres after setting 9 5/8 inch surface casing to a depth of 133.5 metres. Current operation is installing and testing the blow out preventor with the forward program being to drill ahead. It is anticipated that the main target will be intersected within the next 5 days.
That puts them on target depth on or before the 17th.
Is there something I dont know, but that really means they're only half way.
Do you know what depth they are tageting in meters?
cheers
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