Antares Energy exploration update
Posted: 3 May 2006
KMF 228-1 Kenedy County, Santos USA operator, Antares Energy 5%
The KMF 228-1 well was spudded on 4 April 2006 and is currently at a depth of 11,297 feet. A small amount of metal from a stabilizer was left in the hole and is currently being milled out.
The well is targeted to reach a depth of 18,200 feet.
Shaeffer Ranch 3D Survey, SIDC operator, Antares Energy 50%
The acquisition of the 85 square mile (54,400 acre) 3D seismic survey is approximately 51 per cent complete and now expected to be complete by early June.
The first 40 per cent of the acquired data is currently being processed.
Posted by Richard Price, Editor, EnergyME.com
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