Petrophysical analysis on this section confirms a possible 64m net pay, which is expected to be further tested upon completion of drilling operations.
The well is currently drilling ahead at approximately 2,200m after successfully setting the 13 3/8 inch intermediate casing string at 1,650m.
Currently the well is expected to be completed at the end of October or first half of November 2010.
Vast Exploration president & CEO Ahmed Said said that that the drilling program is moving ahead steadily without encountering any major operational issues.
“The presence of hydrocarbons in the tertiary section could provide a significant resource and is a positive indication for underlying primary targets,” Said said.