LGO says that the fourth of its planned Goudron development wells, GY-667, was successfully spudded and is now drilling ahead in the Goudron Sandstones.

The well is being drilled as a deviated hole from the same well pad as used for the recently drilled wells GY-665 and GY-666.

Well GY-667 has a planned total depth of 3,600 feet true-vertical depth (TVD) (equivalent to 3,840 feet measured depth) to a bottom-hole location that is approximately 590 feet south east of the surface location. The primary target of this well is the Gros Morne sandstones, the top of which are anticipated at a depth of approximately 2,180 feet TVD. The well will also investigate the reservoir potential of the Lower Cruse at this location.

Tags: Leni Gas & Oil Plc