DRILLING

L&M continues NZ CSG drilling

JUNIOR explorer L&M Petroleum has spudded the Belmont stratigraphic coal seam gas well in Western Southland Basin licence PEP 38228 as it seeks to firm-up likely CSG reserves contained in its onshore Southland, New Zealand acreage.

The company today said the Belmont Strat-1 well, which will be drilled to a depth of 400m to further appraise the Beaumont coals in the permit area, had spudded on Saturday and was now waiting on cement...

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