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Significant amounts of Oil & Gas evident in Magellan 1 well

Oct 31, 2016 at 10:46 PM EDT · Issued by AXP Energy Limited

Filed with ASX · Oct 31, 2016 at 10:46 PM EDT

On 6ix: 6ix.com/news/significant-amounts-of-oil-and-gas-evident-in-magellan-1-well

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Story so far

  • Magellan 1 well cased in preparation for flow testingAug 2, 2016

Earlier from AXP Energy

  • Deviated Drilling Operations completed on Columbus 1 WellOct 26, 2016
  • Colorado Drilling UpdateOct 12, 2016
  • Drilling underway on the Columbus No 1 wellOct 3, 2016
  • AKK completes $1.65m Placement to Advance Pathfinder ProjectSep 26, 2016
  • Pathfinder Project remains Economic in Low Oil Price EnvironSep 19, 2016

Later from AXP Energy

  • Commercial Oil Production commences in ColoradoNov 6, 2016
  • Strong gas flow at Marco Polo & ColumbusNov 16, 2016
  • Austin delivers Oil sales in ColoradoNov 29, 2016
  • Strong gas flows continue on Marco Polo & ColumbusNov 30, 2016
  • Reserve & Resource Review CommencesDec 1, 2016
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