Detailed geological logging of the three cores holes were conducted and Xtra Energy has been informed by its on-site geologist that oil shale cores have been extracted and recovered from the White Speckled Shale of the late Cretaceous period, the target reservoir from all three of the core holes
as result of the oil shale core hole
Phase Two drilling at Silica Ridge consisted of 20 drill holes, including 17 reverse-circulation (RC) rotary holes and three core holes
with total footage of 3,449 feet.
As a consequence, laboratory results from core hole
R8 may not be available for several weeks.
Xtra Energy's geological, engineering and operations team have completed an engineering evaluation analysis and identified three core hole
drilling locations and has initiated permitting and surface lease documentation in accordance with Saskatchewan government and regulatory regulations.
New exploratory chip and core holes
will be drilled to confirm the lateral extension of the target coal seams and appraise the gas contents over the wider area to extend the 3P reserves position in the ATP.
To date, the Company has drilled four core holes
and two production test wells and plans to drill several development wells commencing in the second half of 2007.
The company will use the money for an expanded pilot and core hole
program at Karoo Central engaging up to two core wells and a further two pilot pods.
05-33c - This core hole
was drilled approximately 200 feet east of hole 05-19 in the central portion of the LSR.
Once Sunbird completes the expanded eight core hole
program in the next year, it will be able to define the contingent resource base.
Anaconda completed 57 core holes
totaling approximately 5,800 meters and undertook approximately 680 meters of underground tunneling along high grade, gold bearing quartz veins.
5 23 Core hole
DDAC-04, drilled on Auger samples from saprolite geophysical anomaly DACT-01 39.
were drilled as twin holes from a series of surface drill stations along 500 meters strike length of the structural zone: one angle core hole
from each station to intersect the vein system at 50 meters depth, and a second to intersect the same zone at a depth of 100 meters below the surface.