New
Standard
announced
to
the
Australian
Securities
Exchange
that
the
MB
Century
rig
14
was
currently
drilling
ahead
to
a
target
vertical
depth
of
about
3450
metres,
which
was
expected
to
take
about
55
days.
Data
will
be
acquired
through
a
combination
of
full
coring
throughout
the
Goldwyer
formation
(the
well’s
primary
target),
mud
logging
and
electric
wire
line
logs.
Information
on
the
secondary
targets,
the
overlying
Bongabinni
and
Nita
formations,
will
also
be
gathered.
New
Standard
managing
director
Sam
Willis
said
in
a
statement
that
the
spudding
of
Nicolay-1
marked
the
beginning
of…