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The preliminary interpretation of wireline logging indicates that the well encountered oil bearing upper Jurassic sands at a depth of 1288 metres Measured Depth (“MD”). Upon final interpretation of wireline logging data, perforation interval will be selected and testing will be carried out.
The rig is currently setting the casing, and will be released after cementing the casing.
David Wilkes, CEO commented,
“We are encouraged by the initial results of drilling wells NK 9 and NK 10. Further announcements will be made once we have completed the testing of these wells early in the New Year.”