It is my understanding that Hunt will be part of the drilling team for the Tasmanian project. The company plans to start by drilling Bellevue and then Thunderbolt, the two top picks for having the greatest amount of oil. It is anticipated that several hundreds of wells will need to be drilled over the life of the project and several companies will be involved in the drilling. Bellevue is estimated to require over 120 wells alone over its life time. At a rate of 1 well per month it would take more then 10 years to drain.
In the next 2 weeks we shall move forward by leaps and bounds with results. Stay tuned.
"Please note the advertisement published on Friday 3 September 2010 which referred to a hearing to be held on 3 August 2010 at the Tasmanian Supreme Court was published in error."
Howard....re: the hunt wind up article
I am not 100% certain this is related but it sure appears to be. I dug this up on themercury.com.au website, and it does appear to be evidence of some sort of classification of the public announcement's correction.
Not certain but appears to be related, now this is not the story imo, but more of a correction of the public announcement the story was based on?
Just a wild assed guess, let me know.
http://community.classifieds.themercury.com.au/view/correction/2127724254-hobart-tas/ "Category: Public Notices Location: Hobart, TAS Posted: 2 days ago Description FORM 9 NOTICE OF APPLI CATION FOR WINDING UP ORDER (rule 5.6) IN THE Supreme Court of Tasmania (Hobart Regis try) No. 502 of 2010. In the matter of Great South Land Minerals Ltd. (ACN 068 650 386 ) And the Corporations Act 2001.
Please note the advertisement published on Friday 3 September 2010 which referred to a hearing to be held on 3 August 2010 at the Tasmanian Supreme Court was published in error. Name of plaintiffs legal practitioner: Richard ODea, OLoughlins Lawyers, Solicitors for the plaintiff.