ARQ 0.00% 36.5¢ arq group limited

ARQ Spud Update

  1. 80 Posts.
    Perth, 21 June, OGT — ARC Energy NL has advised that the Hovea-2 well is now expected to spud no earlier than late on Friday 21 June.

    The delay in spudding from the date previously advised is due to the thorough rig inspection that has been carried out and the subsequent maintenance program that was required.

    The well will be spudded once all outstanding items have been completed and the joint venture has accepted the rig from the contractor as being fit for the program.

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