Replies to post #4130 on Claren Energy Corp (CNENF)

[buccaneer1961]

how much volume? and what did it close at

[Sckorpleo]

ZETA DISAPPOINTED AT BOBOCU-310 WELL

Zeta Petroleum has today announced that it has suspended drilling on its Bobocu-310 well in Romania after failing to yield any commercial gas.

Zeta, which had begun drilling on the Bobocu field after testing showed the field still had large potential reserves, said that initial testing of the well did not indicate any commercial gas, despite the well having encountered multiple gas shows during drilling. Wireline logs had also indicated the presence of gas bearing reservoirs.


WHY IS CLAREN DRILLING THE SAME? IT SHOWED GAS, BUT IT IS NOT COMMERCIAL.