8 June 2012drilling progress report● Neutral
Holdgate-1 was at 1,312m and drilling ahead toward a proposed 2,500m. No new result.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
7 June 2012drilling progress report● Neutral
Holdgate-1 was at 1,225m and drilling ahead. No new result.
7 June 2012drilling progress report● Neutral
Armour's re-release: Holdgate-1 at 1,225m and drilling ahead. Duplicates Lakes' update.
6 June 2012drilling progress report● Neutral
Armour's re-release: Holdgate-1 at 1,120m and drilling ahead. Duplicates Lakes' update.
6 June 2012drilling progress report● Neutral
Holdgate-1 was at 1,120m and drilling ahead toward a proposed 2,500m. No new result.
5 June 2012drilling progress report● Neutral
Armour's re-release: Holdgate-1 at 973m and drilling ahead toward 2,500m. Duplicates Lakes' update.
5 June 2012drilling progress report● Neutral
Holdgate-1 was at 973m and drilling ahead. No new result.
4 June 2012drilling progress report● Neutral
Holdgate-1 was at 846m and drilling ahead toward a proposed 2,500m. No new result.
4 June 2012drilling progress report● Neutral
Armour's re-release: Holdgate-1 at 846m and drilling ahead. Duplicates Lakes' update.
1 June 2012drilling progress report● Neutral
Holdgate-1 was at 640m and drilling ahead toward a proposed 2,500m. No new result.
1 June 2012drilling progress report● Neutral
Armour's re-release: Holdgate-1 at 640m and drilling ahead toward 2,500m. Duplicates Lakes' update.
31 May 2012drilling progress report● Neutral
Armour's re-release: Holdgate-1 at 491m and drilling ahead after casing was set at 427m. Duplicates Lakes' update.
31 May 2012drilling progress report● Neutral
Holdgate-1 resumed drilling after setting casing and was at 491m, heading for a proposed 2,500m total depth.
29 May 2012drilling progress report● Neutral
Holdgate-1's 9 5/8-inch casing was cemented at 427m. Drilling is due to restart to a proposed 2,500m total depth, unless basement is hit earlier.
29 May 2012drilling progress report● Neutral
Armour's re-release: Holdgate-1 casing cemented at 427m, drilling to resume toward a proposed 2,500m. Duplicates Lakes' update.
28 May 2012drilling progress report● Neutral
Armour's re-release: Holdgate-1 at 429m, running casing to 427m and cementing it. Duplicates Lakes' update.
28 May 2012drilling progress report● Neutral
Holdgate-1 reached 429m; casing is being run to 427m and cemented to surface. Routine well operations.
25 May 2012drilling progress report● Neutral
Holdgate-1 reached 254m and is drilling ahead. No new geological result.
25 May 2012drilling progress report● Neutral
Armour's re-release: Holdgate-1 at 254m and drilling ahead. Duplicates Lakes' own update.
24 May 2012drilling progress report● Neutral
Armour's re-release of the Holdgate-1 update: 160m and drilling ahead. Duplicates Lakes' announcement.
24 May 2012drilling progress report● Neutral
Holdgate-1 was at 160m and drilling ahead. Armour continues to fund the well as part of earning 51% of PEP 166.
23 May 2012drilling spud● Neutral
Armour's re-release of the news that Holdgate-1 spudded on 23 May 2012. The Baragwanath Anticline wildcat targets Strzelecki tight gas and deeper Rintouls Creek oil, and Armour is funding it toward 51% of PEP 166. Duplicates Lakes' announcement.
23 May 2012drilling spud● NeutralMajor
Holdgate-1, a wildcat on the Baragwanath Anticline in PEP 166, spudded 23 May 2012. It targets Strzelecki tight gas and deeper Rintouls Creek oil seen at Yallourn North-1A. Armour funds it as part of earning 51% of PEP 166.
11 May 2012director officer appointment● Neutral
Matthew Stubbs, Managing Director of merchant bank Allier Capital, was appointed alternate director for William Stubbs, who is overseas until 6 July 2012. He holds no Lakes securities.
10 May 2012drilling result● NeutralMajor
Moreys-1 found tight gas and condensate in the Eumeralla Formation (DST#2 flowed gas to surface then faded), but the Waarre C primary target appears tight. Armour has earned its 51% of PEP 169. Holdgate-1 is to spud around 20 May.
10 May 2012drilling result● Neutral
Armour's version of the Moreys-1 result: DST#2 flowed gas for about 3 hours with condensate recovered, and the primary Waarre C appears tight. Armour has completed its $2.5m spend and earned 51% of PEP 169. Duplicates Lakes' announcement.
8 May 2012drilling progress report● Neutral
After assessing electric logs, Lakes will re-test the 1987-2005m interval in Moreys-1, which reached 2300m total depth.
8 May 2012drilling progress report● Neutral
Armour's re-release of the news that, after assessing logs, Lakes will re-test the 1987-2005m interval at Moreys-1. Duplicates Lakes' own announcement.
7 May 2012drilling progress report● Neutral
Moreys-1 reached total depth of 2300m; electric logs are being run and re-testing of 1987-2005m will be reassessed after evaluation.
7 May 2012drilling progress report● Neutral
Armour's re-release of the news that Moreys-1 reached total depth of 2300m, with logging next and re-testing of 1987-2005m to be reassessed. Duplicates Lakes' own announcement.