ambiguity4 Sep 2014 12:32
8 July 2014
Commencement Of Testing
Leyshon Energy Limited (AIM:LEN) is pleased to announce that its wholly owned subsidiary, Pacific Asia Petroleum Limited (PAPL), has commenced the previously announced interim testing programme.
The contractor has been mobilized to site and will commence flow testing three zones in Well ZJS7 shortly.
The partners have also committed to drilling well ZJS8 in the northern part of the licence area the location of which will take into account the results from well ZJS7 as well as offset data.
The overall programme, including the drilling and flow testing of Well ZJS8, is expected to cost around US$4 million excluding overhead and supervision costs.
The programme is expected to complete in October with results reported as they come to hand.
Some ambiguity in the rns---what has ZS8 got to do with testing ZS7other than ZS8 location and drill programme will be dependant on '7's' data. They say overall programm complete by OCT, so does this mean drilling ZS8 as well or just testing '7'.
If so, then they will need a rocket up their doodahs to maintain that kind of target !!.
If they are sayin ZS7 will be test complete by end of OCT then final results will be here in Nov after interpretation and analysis. ....