Company Announcement
20th February, 2012
PROGRESS REPORT ON KAITANGATA MULTI-WELL COAL SEAM GAS PROGRAMME
L&M Energy is pleased to provide the following update regarding its Kaitangata CSG appraisal programme within PEP 38219, located 60km south of Dunedin.
Wangaloa-2, located approximately 1.6 km to the southwest of Wangaloa-1, is at a current depth of 213m and drilling ahead towards an estimated target depth of 350m. The well is set to test the coal seam gas potential from five sub-bituminous coal horizons (Capstick, Jordan, Kai Main, Carson and Shore) within the coalfield.
20th February, 2012
PROGRESS REPORT ON KAITANGATA MULTI-WELL COAL SEAM GAS PROGRAMME
L&M Energy is pleased to provide the following update regarding its Kaitangata CSG appraisal programme within PEP 38219, located 60km south of Dunedin.
Wangaloa-2, located approximately 1.6 km to the southwest of Wangaloa-1, is at a current depth of 213m and drilling ahead towards an estimated target depth of 350m. The well is set to test the coal seam gas potential from five sub-bituminous coal horizons (Capstick, Jordan, Kai Main, Carson and Shore) within the coalfield.
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