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clock Created with Sketch. 27/09/17
22:08
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Originally posted by Troffer
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Update, spudding could happen give or take a week from the timer completion. After the spud, 21 days expected to hit max depth. I can't overstate that the execution of the drill is the companies main concern! Not what is actually down there gas wise. Ex-Chair's words " if the drill is executed like they plan, they expect commercial flow". Why are CRC not drilling? Well, they have, back in 2015, however word has it that they have their hands tied by financiers on future drills (because they're broke), hence the independent driller (Magnum) has sorted this. Magnum has also entered into a non-discloser deal with CRC about certain facets of the Tulainyo project. My read, CRC has the info on what's down there, as they discovered it back in 2015 (1982 before that). Maybe they put Tulainyo away for a rainy day? Forward a year or so, and CRC hits a brick wall financially, no more drill (hearsay or truth?). CRC think hey! what about Tulainyo? We get someone to drill it and make a fortune? Whats your thoughts people?
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Are you saying "they" know whats down there, but did they drill down to correct depth or didnt they have to as actually found gas at higher level? is this info held back which i guess they are legally allowed to do?
