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Gold/Mining/Energy : Swift Energy (SFY)

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To: TRUE_TRUTH who wrote (1509)6/25/2001 9:00:51 PM
From: Robert T. Quasius  Read Replies (1) of 1602
 
6/26/01 Update from Bligh:

bligh.com.au

DRILLING ACTIVITY AND PROJECT STATUS REPORT



NEW ZEALAND - PEP38719, Taranaki Basin, Bligh Interest: 5.00%



Bligh Oil & Minerals reports that the Kauri-1 is currently tripping for a bit change at 3,707 metres, prior to drilling ahead to the proposed target depth of 4,500 metres.



Bligh holds a 5% interest in PEP38719 and the Kauri well through its wholly owned subsidiary, Marabella Enterprises Limited. The other permit holders are Swift Energy New Zealand Ltd (Operator, 90%) and Antrim Energy, Inc. (5%).





BLIGH OIL & MINERALS N.L.
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