Friday, November 13, 2009 10:23:51 PM
Partial info:
Drilling operations are proceeding 'according to schedule' and there is nothing adverse to report.
This past week we carried out a 'cement job'. A 'string' (a number of joints that have been screwed together) of thin-walled, steel pipe, known as 'casing', was run into the well. The casing has an outer diameter of at least 2 inches (5 centimeters) less than the wellbore diameter. The casing string is cemented to the sides of the well, so as to stabilize the well and protect the fresh water aquifers.
We cased the well from the surface down to 3,461 feet (1,055 meters) and then waited for the cement to set. We then cut the casing off at the well head and used further cement in order to stabilize the casing at the surface.
The BOP (Blow Out Preventer) is presently being connected so that we can continue to drill deeper.
As of today, Friday, November 13, 2009, we have drilled to a depth of approximately 3,468 feet (1,057 meters) and are 'right on schedule'.
For full release with some nice rig photo's:
http://www.sec.gov/Archives/edgar/data/1131312/000114420409058962/v166206_ex99-1.htm
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