Why is this well commercially high risk??
"The Rosella E01 well will test the commercially high risk conventional and tight gas potential of the larger Greater Mackellar structure and follows the discovery of gas in sands in the Kingfisher E01 well in 2009."
Drilling wells is always high risk. But if you have a source rock, a cap rock, a reservoir the risk is reduced. At Rosella it is proofed that this 3 factors could exist. So why is it high risk? Does MEL have other options to drill with reduced risk????
Ann: Rosella drilling update , page-2
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