EXR elixir energy limited

Ann: CBM Operations Update, page-15

  1. 597 Posts.
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    The cheap drilling companies comes at a cost,
    and although we are paying a per-metre rate so we arent directly paying more for longer drilling time frames, the cost will be felt as the campaign doesn't hit its forecast hole targets ,

    Except for the action's already mentioned by Neil, Unfortunately not alot that can be done, time will obviously help as the maintenance standards increase

    I would be interested to see if elixir look in the future at appointing a drilling specialist to keep an eye on things as the rig count continues to grow
 
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