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Alias Born 02/13/2012

Re: None

Wednesday, 02/06/2013 10:28:16 AM

Wednesday, February 06, 2013 10:28:16 AM

Post# of 858
CLEVERROX; the 3 to 4 million you are talking includes the 2 storage tanks needed, the seperator,(water from crude oil and gas) and the casing, and the lateral casing, 4000 thousand ft.putting that all in the hole, and the cost of fracking which was not used, also the drilling rig which lost power and unable to do the job.naturally they had to quit the hole.and the drill taken into shop to be fixed.they will have to contract for another rig which maybe they have to wait a month or two before they get one.Maybe the rig was to small to drill the tough shale rock above the ML.maybe a clause in contract penalizing the drilling co because they unable to do the job.also Mesa has allready bought the tanks, the seperator,the casing and the lateral line, so when they drill the next well they have all the equipment needed except the fracking.I believe they drill another ML horizonal well before drilling in wyoming in august.IMO

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