Business
Kenya Drilling Report no.5
Kenya Drilling Report no.5.
About this update from Geo Exploration Limited
[{"type":"text","content":"\n Global Petroleum Ltd\n03 January 2007\n\n\n3 January 2007\n\nGlobal Petroleum Ltd\n\n Kenya - Drilling Report No 5\n\nWell Name: Pomboo No. 1\nLicence: Kenya L-5\nOperator: Woodside Energy (Kenya) Pty Ltd\nJoint Venture: Woodside Energy (Kenya) Pty Ltd 30%\n Dana Petroleum (E&P) Limited 30%\n Repsol Exploracion S.A. 20%\n Global Petroleum Limited 20%\nStart Date 2 December 2006 at 1915* hours\nDepth at 0700 4,004 metres (1,811 metres below seabed). Preparing to run 13\nHours (Bris time) 3/8 inch casing and then drill ahead in a few days time. The\non 3 January 2007* planned total depth is about 5,000 metres and the objectives\n of the well are towards the deeper part of the interval that\n remains to be drilled.\n\nFootnote: Another transaction is pending which, subject to the necessary\npermissions, will result in the transfer of a 3% interest in L-5 and L-7 from\nDana to Repsol, resulting in Repsol having a 23% interest in L-5 and L-7 and\nDana a 27% interest.\n\n* Australian Eastern Standard Time\n\nThe technical information in this report was prepared by Dr John Armstrong PhD,\nBSc (1st Hons) Geo, executive Chairman of Global Petroleum Limited who has 35\nyears experience in the upstream oil and gas industry. The information has been\nreviewed as to its reliability by Mr Wal Muir BSc Hons (UNSW) MBA (UQ), who is a\npartner in MBA Petroleum Consultants. MBA provides independent technical advice\nto Global. Wal Muir has over 27 years experience in the petroleum exploration\nindustry both in Australia and overseas. He is a Distinguished Member of the\nPetroleum Exploration Society of Australia and a member of the Australian\nSociety of Exploration Geophysicists.\n\nJohn Armstrong\nExecutive Chairman\nTelephone: +61 7 3211 1122\nFax: +61 7 3211 0133\nWeb: www.global-petroleum.co.uk\n\n\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":2317,"tagName":"div"}]