InvestorsHub Logo
Followers 67
Posts 4787
Boards Moderated 0
Alias Born 04/01/2004

Re: midtieroil post# 180305

Wednesday, 09/23/2009 10:55:52 AM

Wednesday, September 23, 2009 10:55:52 AM

Post# of 361695
Some investors have forgotten the Deepwater Pathfinder, besides being one of the most sought after rigs on the Seven Seas, has two (2) derrecks ( please forgive sp. ) thus, the capability to drill two holes at the same time. The prevailing theory is that the second derreck could somehow help to analyze and do all the necessary jobs that would hasten the results of the first hole.

I suppose it would be unlikely that they might possibly be drilling two holes at once on Kina, one for the top reservoirs and the other for the Deepwater Opportunity. I guess it would be out of the realm of reality to preconceive the notion that SEO and others would want to take a peek at what's down deep, as long as they are out there anyway.

So, it's likely they are not looking to identify the holy grail in the form of a deep meandering channel under Kina at this time, ................. OR ARE THEY ??!!

Red

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ERHE News