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Re: Lottalead post# 8338

Tuesday, 08/23/2011 7:56:08 AM

Tuesday, August 23, 2011 7:56:08 AM

Post# of 21090
Since RL already stated that we won't be doing any flow testing on the wells being drilled - drill cap and move on. My guess is about 30-45 days after each well starts. I believe it takes around 30 days to drill the well and I would give them 1-2 weeks to prepare the PR. If they spud mid-October you are looking at the end of November for the first well and hopefully by Christmas for the second well.

Of course like it or not with the possibility of 1.2Billion barrels being discovered the rumors will fly with any sign of oil on that drill bit.