Looks like we'll be waiting for mondays report...........
Progress Report 35 for Woodada #19 Well
Document date: Fri 31 May 2002 Published: Fri 31 May 2002 12:07:43
Document No: 217178 Document part: A
Market Flag: N
Classification: Progress Report
BOUNTY OIL & GAS NL 2002-05-31 ASX-SIGNAL-G
HOMEX - Perth
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Bounty Oil & Gas NL provides the following progress report on the
drilling of the Woodada #19 gas well. All depths are in metres below
the Kelly Bushing on the rig floor.
Period: 24 hours to 3am on 31/5/02.
Current Depth: 2,841 mKB (Total Depth).
Progress: Displace mud with brine. Commence perforating runs;
perforate 5 zones. On completion of perforating, a packer will be set
and tubing run, prior to commencement of swabbing operations.
Forward program: 1. Conduct long term flow testing through casing of
the sandstones within the basal Irwin River Coal Measures and High
Cliff Sandstone to determine type of formation fluid (oil or water)
and productivity.
2. Conduct long term flow testing of Carynginia Limestone to confirm
the economic potential for gas production.
Hydrocarbon Indications: Please refer to previous announcements.
Primary and Secondary Targets: Please refer to previous
announcements.
Participants: Hardman Resources Ltd 75%
Bounty Oil & Gas NL 25%
T Fontaine
MANAGING DIRECTOR
NOTE: In accordance with ASX listing requirements, the geological
information supplied in this report has been based on information
provided by geologists who have had in excess of five years
experience in their field of activity.
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