HDR hardman resources limited

Woodada19 update,roll on monday.

  1. 2,099 Posts.
    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

    +++++++++++++++++++++++++
    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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