InvestorsHub Logo

pennywx

04/01/21 6:28 PM

#9736 RE: ice trader #9732

What type rig did they use? 88E used non rotary light weight rig limited to 7000 feet.

BeamMeUpScotty

04/01/21 6:29 PM

#9738 RE: ice trader #9732

They’re probably drilling

Through all five overlapping

layers of oil bearing

Rock with a near 1tn cubic feet of gas!

Guess what logic dictates that there must be a significant oil reservoir to create 1tn cubic feet of gas!

Best of all - they can sell the gas as well!

StockFOXXX

04/01/21 6:33 PM

#9741 RE: ice trader #9732

Seen the rig? Not the most modern. The driller is on the rig floor with the hands. I used to be in oil and gas. This rig is of much older design

HokieHead

04/01/21 6:43 PM

#9750 RE: ice trader #9732

For being “in the field” you have to ask that question? Lmfao.