Currently, the well is at the intermediate casing point, matching the pre-drilling prognosis, of 1,091.5m below surface that will be followed by the logging, casing and cementing of the intermediate section of the well before proceeding with the remainder of the well.
The drilling of the company’s Davsan Tolgoi-2 well (DT-2) is still in progress.
The analysis of 2D seismic and laboratory test results from samples was taken at DT-1, which were forwarded to Weatherford International’s laboratories in the US for reservoir and oil characterization, which is still ongoing.
The 345kms of 2D seismic survey on the company’s Blocks IV and V was completed on 17 September 2010.
The data from the seismic acquisition has been forwarded for processing in the US after which it will undergo interpretation by Petro Matad.
The company said that the infill gravity survey is ongoing.
