Australia-listed Citation Resources, which holds a farm-in right to gain a 70% stake in LAR, said on Thursday that the construction of the Atzam-5 drilling location was complete and the well conductor casing had been set down to 100 feet.
LAR’s drilling rig Harold Lee 500 is currently being mobilised to site and is expected to start drilling towards the initial reservoir targets “in the next few days”, Citation said.
Atzam-5