Drilling Report Bezzeca #1 Well
Rome, Mar 17, 2009 AEST (ABN Newswire) - Further to Po Valley Energy Limited (ASX:PVE) ASX release on Friday 13th March, please find attached our first Drilling Status Report for the Bezzecca#1 well in the Cascina San Pietro permit.
The planned total depth ("TD") of the well is approximately 2000 metres vertical depth and the TD is expected in approximately 20 days.
The market will be advised Tuesday and Friday morning each week of the progress on the well and at more regular intervals when significant events occur.
----------------------------Time of 16:00 hoursReport: (Rome Italy Time)----------------------------Well Depth: TVD(1) 505 m----------------------------Current Casing 9" 5/8Operation: and cementing----------------------------Forward End of cementingOperation: casing 9" 5/8, install BOPs, drilling 8" 1/2 phase----------------------------
Participants in the Cascina S. Pietro Permit: 100% Po Valley Energy subsidiary Northsun Italia S.p.A. (Operator)
Notes: (1) True Vertical Depth
Contact
Michael Masterman
Po Valley Energy
Tel: +61-417-851-303
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