Raven Energy Limited provided an update to the market on operations at the Tulainyo Gas Discovery in the Sacramento Basin, California (Project). The company is earning up to an effective 20% interest in the Project, via its investment in Gas Fields LLC (Gas Fields). As advised to the market previously, the Tulainyo 2-7 well was drilled to the planned total depth of 5,710 feet (1,740 metres). This represented a significant engineering achievement by the Tulainyo Joint Venture, due to the challenging over­pressured geological conditions within the very large anticlinal structure. Post well analysis indicates multiple stacked sandstone units, varying as expected in thickness and quality, that are all gas saturated. A two-stage test program will now be carried out with perforations into the selected reservoir intervals using Tubing Conveyed Perforating Equipment or TCPs. Testing will commence across a zone lower in the well with perforations across at least three separate sands with varying, interpreted reservoir quality. Once sufficient data has been captured from the first test, a removable bridge plug will be set to isolate the lower test zone and a second test will be conducted over a shallower, thicker sand package. Overall the flow testing program is expected to take approximately one month to complete.