The well is located on seismic line CB08-01 at VP 2778 and the location is 7249212.0 North, 585855.0 East.
The top Permian Purni Coal in CBM93-004 is prognosed at 550mRT with a gross thickness of 420 meters. The prognosed TD is 1020mRT. The prognosed coal seam thickness (in seams >2m thick) at this location is 80-90m. CBM93001 drilled last year 2008, intersected over 140 meters of net coal over 20 centimeters in thickness.
Heavy equipment has arrived on site for line clearing of the Johnstone EP 115 oil prospect survey and line clearing is expected to commence this weekend.
