Hemi Energy Group Inc. (fka HMGP)

[bdahl385]

Kels - I don't think you can expect the drilling rig companies to switch out in mid drill, that just isn't a realistic option. I would expect this lateral to be drilled with the newer coiled tubing technology where the downhole assembly is a drilling mud powered hydraulic motor and guidance package that the driller steers with a joystick from topside.

One thing to keep in mind is that the horizontal section length will be limited by the lease size. You can't extend the well bore under different leases since there would be no way to divide up the oil / gas for the mineral rights owners. There would have to be separate wells on the Collins lease, the Weseloh lease, etc. Since I believe the leases are on the order of 500-700 acres each, that is roughly a square mile so the lateral length of each could still easily be thousands of feet. That would be limited by the formation being consistently blanketed across the lease.