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Tuesday, July 28, 2009

Resource stock updates

ASX resource company drilling updates -

PVE (PO VALLEY ENERGY LIMITED) 2009-07-28:
Po Valley Energy announced that the Sillaro#2 production well has been successfully drilled on schedule to a target depth of 2364m and log runs have been completed. Log analysis of Sillaro#2 confirmed the main pay zones in the Sillaro#1 production well across a gross interval of 140m from 2,180m to 2,320m. There is a very good match between the two wells which are laterally 500m apart at target depth. The Company announced that the well will be cased and downhole production equipment will be installed the next two weeks.

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