update, page-26

Hi benmoff!

Is there a link where you found that the rig is a Gardner Denver 800?

I've done a little preliminary research and found that the rig is rated to 15,000 feet with a 4.5" drill pipe.
http://www.pioneerdrlg.com/Updated%20PDFs/PD%20Rig57.pdf

Need to dig deeper to find out what it might be capable of with 3.5". Can't see how it would add an extra 33% though to bring it to 20,000'.

Leadville starts around 15,450' and was originally prognosed to be 1100 feet thick, but according to the latest report is 700 feet thick.

Fingers crossed the 3.5" will get past Leadville to 16150'. However I'm not sure where they would keep the extra 1100' of pipe. Aren't they meant to be stacked somewhere?

Also GDN is now stating that Lynch Dolomite is only 50 feet thick .. it was 500' in the original geological prognosis. Or maybe the only plan on drilling 50' into it.


Joel