Proposed TD: Depth : 3500mMD; (Vertical Well) Elevation: Ground Level is 57.2mAMSL Rotary Table is 62.9mAMSL Spud Date: 17:00 hrs, WST 22nd January 2008 Present Depth at 0600 hrs: 2359m MD Time of Reporting: 0600 hrs, WST 28th February 2008 Operations Since Last Report: Resumed drilling operations following the precautionary rig evacuation because of the proximity of Cyclone Nicholas. Drilled 216mm (8 ½”) hole from 1865m (244mm casing shoe) to 2359mMD. Current Operations: Drilling ahead Hydrocarbon indications: None Comments: The primary objective is expected to be encountered below 2900 meters MD
ARQ Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
