Xun Energy, Inc. (fka XNRG)

[Chiinkwia1]

From. http://www.vastenergy.com/faqs.htm
Read it all if you wish but below should be enough.


Can technology guarantee to find oil and gas?

The advanced technologies, such 3-D seismic, good geological and geophysical data and drilling techniques are far more advanced and precise then ever before. This can help identify certain surface and subsurface features, which may indicate the presence of oil and/or gas, but there are still no guarantees of finding oil and/or gas until a well is actually drilled, tested, and completed. However, good technolgy and geological studies can help reduce risk substantially.

How long does it take to complete a well?

ssuming completion does not encounter any setbacks or delays, a standard shallow well will typically take 2 to 4 weeks, while a deeper well may take us much as 4 to 12 weeks. It also depends on the amount of completion equipment being installed and distance to production facilities.

How long does it take to drill a Well?

Assuming drilling operations do not encounter any setbacks or delays, a standard vertical well 2,000 to 5,000 feet in depth will take 5 to 20 days; a well 5,000 to 10,000 ft., 20 to 40 days; and a well from 10,000 to 14,000 ft. 40 to 150 days. However, these estimates very dramatically and have many other variables to consider such as rock quality, formation pressure, rig type, etc...