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kingjoe

12/06/15 10:33 AM

#9014 RE: tchauncy #9013

TC, Very Informative Post!

Thank You for your time posting that!

KJ
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signjack

12/06/15 1:14 PM

#9017 RE: tchauncy #9013

Great post. Best reading I have done in a while. Wonder where
T 0ne is. Lets hope for a great christmas.
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cougar12

12/06/15 1:49 PM

#9018 RE: tchauncy #9013

thanks for the post.

agree with the last paragraph. unfortunate that these two companies could not get their crap together for a multi-well program. for longs, it sure would be nice to have some sense of the next steps should this drill be positive or negative.
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Smooth

12/06/15 5:44 PM

#9019 RE: tchauncy #9013

good info Tchauncy...thanks for taking the time to share.

Regarding the "slim hole" drilling, I was told that we are using 8.5" rather than the standard 9.625" and that doing so would save a couple hundred thousand dollars in drilling costs.

I also understand that the process we have have developed to interpret the seismic has the potential, if successful, to open up infinite opportunities to partner with many other PEL holders. I don't profess to understand the science involved in our "unique process" but I understand that it could open a new paradigm for drilling in the Cooper and Eromingo basins. Let's hope this happens...if it does, share holders will be extremely handsomely rewarded!