Proposed TD: Depth : 3740mMD; (Vertical Well)Elevation:Ground...

Proposed TD: Depth : 3740mMD; (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: 3730m MD (TD)
Time of Reporting: 0600 hrs, WST 17th April 2008
Operations Since Last
Report: Drilled 152mm (6”) hole from 3325m to TD of 3730m.
Current Operations: POOH, preparing for wireline logging operations
Hydrocarbon indications: None
Comments:
Since the last report the well has been deepened to a final total
depth of 3730metres. The Famennian carbonate secondary
objective was encountered as prognosed but had no significant
hydrocarbon indications. The well will now be logged and a
cased hole production test conducted over the primary objective
Tournasian gas sands. It is expected it will take at least five days
to complete this operation. Results will be announced as they
become available.