DRILLING

Sunshine looks to commercialise first well

Due to strong gas shows intersected in the Showgrounds Sandstone and Tinowon Sandstone Formations...

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The junior explorer said a full cased-hole testing program will now be designed for implementation at Overston-1 and testing is expected to commence during the next few months, subject to equipment availability and weather conditions.

Sunshine said commercialisation of the Overston discovery will now be a top priority for the company with negotiations already underway for future gas sales to Queensland consumers. Overston-1 was the first well drilled by Sunshine Gas since listing in mid 2002.

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