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Queensland Gas Provides Weekly Drilling Report
Thursday May 22, 2008, 2:59 pm

Original Announcement: Weekly Drilling Report

Queensland Gas provided a weekly drilling report, reporting that the Glendower #1 well will be suspended for possible conversion to a monitoring well after wireline logging and testing. The Jen #3 reached a total depth of 643m after intersecting 32.9m of coal in the Juandah and Taroom Coal Measures and Tangalooma Sandstone and the well is suspended awaiting arrival of a workover rig. The Jen #4 well reached a total depth of 665m and the rig is currently wireline logging. The Ross #1 is suspended awaiting arrival of a workover rig.

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