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Re: Rainer post# 972

Wednesday, 07/06/2011 9:27:40 AM

Wednesday, July 06, 2011 9:27:40 AM

Post# of 1755
A big well that they were drilling did not perform as expected within a certain zone. They announced that they are going to temp abandon the well bore in order to study the other alternatives available like deepining the well or sidetracking to another more advantagous position... This pure market panic at its best and why so many loose their ass...

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