Northcote says that drilling of the Lutcher Moore #20 well targeting the Frio Formation at the Shoats Creek Project in Louisiana, is well underway and has reached circa 3,024 feet out of a total depth of approximately 5,500 feet.

The Company expects LM20, in which it has a 93% working interest, to reach target depth in 6-8 days. Further announcements on LM20's progress shall be made in due course.

Tags: Northcote Energy