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Gold/Mining/Energy : Oil Sands and Related Stocks
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To: rubbersoul who wrote (6163)1/27/2006 1:50:59 PM
From: Condor  Read Replies (1) of 25575
 
Have you read PDP's announcement today?

The 1010 well which is putting out 4200 BOD has still to be tested at another level. Lordy....no end to this field.

They then move to well 1011 which is sitting there cased and awaiting testing.

As if that is not enough, they will then move on to drill 24 more wells.

mama...

CLL or PDP ....lots of blue sky ahead with CLLs Canadian drilling currently underway.

Remarkable

C

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

From the news release today:

Upon availability of a rig they will then move to well 1011 which is sitting there
Upon completion of the Sierras Blancas testing, Petrolifera anticipates it will move up-hole to test a prospective zone in the Quintuco formation in the 1010 well before moving the service rig to the RN.PM.a-1011 location for testing of this well, which is standing cased.

The results at the 1010 well are very encouraging, especially with the prolific flow rates achieved from the Punta Rosada formation, which was a secondary objective of the drilling program.

Petrolifera is proceeding with its program and associated engineering and design work to construct and install the infrastructure to be able to handle additional production volumes from the 1002, 1003, 1004, 1010 and subject to test results, the 1011 well, in addition to those volumes which might be secured from the 24 anticipated additional wells which, subject to rig availability, are budgeted to be drilled on the concession in the remainder of 2006.
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