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Thursday, November 19, 2009

Resource stock updates

ASX resource company drilling updates - more on http://www.sharefilter.com

BUL (BLUE ENERGY LIMITED) 2009-11-18:
Blue Energy announced that the Kanaka 1 CSG corehole in Galilee Basin permit (ATP813P) spudded 16th November 2009 and is currently at a depth of 94m and drilling 7 7/8" surface hole. In other activity, the Monslatt 2 CSG core hole in ATP814P reached a total depth of 858m and has been cased and suspended as a potential monitoring well. The rig has now moved to the Monslatt 1A location which is approximately 100m to the northwest of the Monslatt 1 stratigraphic well. Further analysis is being undertaken to better understand the structural setting of the Monslatt 2 well location.

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