Im happy im was out at 7.1c on the 1st.
Norwest Energy NL (ASX: NWE) provides the following update on drilling operations at
the Red Hill South-1 well at 10:30hrs 17 March 2011.
Since the last report on 16th March operations have continued as follows;
We are drilling at 1729 m MD in the Irwin River Coal Measures
No significant gas shows or florescence
Drilling ahead to the Highcliff target
TD is expected this evening
After drilling to TD wireline logs will be run to evaluate the hydrocarbon potential of the
reservoir
Red Hill South-1 well will test the hydrocarbon potential of the late Permian Dongara
Sandstone reservoir and which are prolific producers at the Hovea and Jingemia oil fields. The
Red Hill South prospect has potential of 34MMbbl oil in place and 9MMbbl recoverable. The
target reservoir is at a depth of 1,580 meters (TD is at 1,910 meters).