All,
I have tried to put together a timeline to help target dates when drilling and rig mobilisation are scheduled.
Refer below:
Week starting 4 June...commence drilling horizontal leg og MacIntyre-2.
Week starting 18 June...Estimated two weeks to drill. Horizontal leg to be completed in that week.
Week starting 25 June...Rig to be mobilised at Owen-3
Week starting 2 July...Commence drilling Owen-3 (approx 4 weeks)
Week starting 30 July...Complete drilling Owen-3H
What this annoucement lacks though is WHEN the second phase of the program commences. when does the coil tubing unit and service rig - to facilitate the fracturing and flow testing of Baldwin-2Hst1, MacIntyre-2H and Owen3-H -(mentioned in the annoucement) mobilise?
There is no date for this stage 2 works. Will it start at Baldwin-2Hst1 when MacIntyre-2H is drilled (ie 25 June), or will they wait until August 2012 - when Owen-3H is drilled and completed due to resource issues?
Pretty poor annoucement if you ask me. We are only getting half the picture, and there are still questions - WHEN WILL WE FRAC AND DO THE FLOW TESTING!
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