Yatchy if they had drilling problems they would not be talking about the casing problem .
Drilling has been delayed for several days , says to me they have stopped drilling while they try to fix a problem to do with the 13 3/8 casing .
For whatever reason they have not told us what that issue is .
I doubt that there is any regulation that they says they have to set casing at the top of the reservoir .
The regulations revolve around having a safe well design .
The well plan would have been agreed to by experienced people in both the JV companies and approved by the regulator .
There are procedures that need to be carried out as the well progresses to test the well design parameters .It could be some kind of mechanical problem .
The BOP's and the casing they are attached to have to have pressure integrity to cope with any anticipated pressure control conditions .
They don't understand that their share holders need to have these things spelt out to us in non ambiguous language .
BRU , think of us as children please ?
Otherwise we fret !
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Ann: Currajong 1 Exploration Well - Operations Update, page-23
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Last
3.2¢ |
Change
-0.001(3.03%) |
Mkt cap ! $24.94M |
Open | High | Low | Value | Volume |
3.3¢ | 3.3¢ | 3.1¢ | $27.86K | 873.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 67250 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 274074 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 67250 | 0.031 |
3 | 265366 | 0.030 |
3 | 300013 | 0.029 |
2 | 67884 | 0.028 |
1 | 20000 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 274074 | 1 |
0.033 | 400147 | 1 |
0.034 | 591718 | 2 |
0.035 | 503069 | 5 |
0.036 | 207770 | 2 |
Last trade - 15.55pm 17/06/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
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