LGO today announced that Well GY675 the first well of four on Pad 5 has reached TD. electronic logging revealed a total net oil pay of 330 feet at the Goudron Sands and 260 feet at the C-Sands. Total net oil pay was 590 feet.
According to the CEO the ongoing flow test at Pad 4 involving 3 wells are showing encouraging results.
My disclosure: I am long LGO
No comments:
Post a Comment