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Re: Investorman post# 482

Monday, 10/27/2008 6:41:25 AM

Monday, October 27, 2008 6:41:25 AM

Post# of 631
Looking for news on Sroda -6 in 2 or 3 weeks.
Kromolice- 2 drill should now be underway.
****

The Sroda-6 well, the first well to be drilled on the Sroda City structure, is currently at the bottom of the Zechstein formation at approximately 3,695 meters. It is expected to drill into the Rotliegend in the next week or two, after logging and running another string of casing at this depth. Once in the Rotliegend, the well will be cored, drill stem tested, and logged. The Sroda-6 location is approximately 4 kilometers northeast of the Sroda-4 discovery and approximately 9 kilometers east of the Kromolice-1 discovery.

Kromolice-2 Update

The Kromolice-1 rig has been moved to the Kromolice-2 drillsite and is rigging up. The well is expected to spud this week, with a Rotliegend target at an estimated depth of 3,540 meters. The Kromolice-2 well will be the first to test the Kromolice South structure, located less than 2 kilometers southwest of the Kromolice-1 well.


The ox is slow,but the earth is patient.

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