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COMET RIDGE LIMITED — Capital/Financing Update 2017
Nov 6, 2017
64686_rns_2017-11-06_a930d852-4aba-4c61-8e61-14a9d984de34.pdf
Capital/Financing Update
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7 November 2017
Drilling Update Mira 6 Horizontal Well
Comet Ridge Limited (ASX:COI) wishes to provide an update on drilling operations at the Mira 6 lateral intercept well.
The 8.5” build section was successfully drilled to 362.6m to an inclination of 82 degrees at the top of the Castor seam which is the target of the lateral well path.
7” casing has been run and cemented and shoe track and float equipment drilled out with a 6.125” rotary drilling assembly. Current operations are preparing to run the 6.125” directional assembly to geosteer in the Castor Seam towards Mira 2 and intersect that well.
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Stephen Rodgers Company Secretary Comet Ridge Limited
For further information please contact: Tor McCaul Managing Director [email protected] +61 7 3221 3661
Comet Ridge Limited T: +61 7 3221 3661 E: [email protected] 283 Elizabeth St, Brisbane, Qld, 4000 ABN 47 106 092 577 F: +61 7 3221 3668 W: www.cometridge.com.au GPO Box 798, Brisbane, Qld, 4001
Comet Ridge Limited