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HYTERRA LTD — Capital/Financing Update 2013
May 26, 2013
65084_rns_2013-05-26_a74b1ffc-9d2f-4bb3-ad9b-af229b5c4a3f.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
27 May 2013 By e-lodgement
WELL PROGRAMME UPDATE
Triple Energy Limited (ASX: TNP, “Company”) advises that, further to the Company’s announcement on 16 May 2013, drilling pad access problems have now been resolved and all drilling equipment including the drilling unit are in the process of being mobilised to the site of the first well.
Because of heavy rain, it was necessary to purchase steel plate to lay down on the pad for the rig and other equipment to manoeuver on the drilling pad. This solution has been successful.
Drilling operations including the health and safety induction procedures are expected to commence in the next few days.
As previously advised, the well is expected to take around 20 days to drill to total Depth of around 900 metres with testing procedures taking around another 10 days.
CONTACT DETAILS FOR FURTHER INFORMATION:
Paul Underwood T: + 61 (0) 408 557 821 E:[email protected]
Triple Energy Ltd ACN 116 829 675 Unit 15, Level 1, 100 Railway Road, Subiaco WA 6008 Mobile +61 408557821 Email [email protected] Web www.tripleenergy.net