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Re: TheCEO post# 57923

Wednesday, 05/29/2013 10:15:35 AM

Wednesday, May 29, 2013 10:15:35 AM

Post# of 116863
Treaty is already past 3000'. The rig does have limitations on weight capacity for pulling string, but using a 3+' drill stem allows them to drill deeper. In fact, I've heard they could go down over 4000' and the GOB wants them to drill deeper. So there you have it. And the pictures already give an indication of an oil show. Obviously, no testing to prove commercialability, but at least an oil show. And by going deeper, who knows,they could hit another zone, or even more zones. Get Ready!

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