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Re: kingpindg post# 350303

Saturday, 05/28/2022 1:57:11 PM

Saturday, May 28, 2022 1:57:11 PM

Post# of 360598
It doesn't take 60 days to drill this well. Unless something has gone wrong and there were unexpected delays, then it would of course take longer. However, after 32 days they have either hit the reservoir depth or they are close. Now, after that, there could be lots of testing and analysis, that would require many more days.... but just to drill JACA-1, they don't need 60 days, not even 50.. maybe 40 days, max.. I am sure of that.

I know they have stated 60 in press release or wherever, but that estimate lots of contingencies, other work, and margin, as kingpindg stated.

ND9