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Re: cleverrox post# 10495

Tuesday, 01/31/2012 8:17:43 PM

Tuesday, January 31, 2012 8:17:43 PM

Post# of 17741
MMT - the lower zones won't be reamed out at a later date - no re-accessing the lower zones once they complete the upper zones of the well. The lower section was purely for exploration results/reserve information. Now they've got the info, they can design a well to handle the added depth and pressure.

But that's a problem for another day. They need to somehow get all the current behind-pipe oil into the p/l in the meantime. And without any explanation as to what may be the solution to the issues, nor timing of same, the market is left to assume the worst.

Wade deserves to be horsewhipped for this NR. It is disgracefully incompetent.
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