Defender US33 #2-29H, (SSN 37.5% working interest) Informal approval has been received from the joint venture partners to work-over the well.
What does this mean? Does this mean a workover rig is on its way to Defender at Halliburton's cost to clear the sand in the bottom of the well or does it mean they (Halliburton) have given us approval to organise a work-over rig (at our cost) to clear out the sand that keeps blocking up pumps/pipework etc? Any clarity on this would be really appreciated. Thanks
SSN Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held