rory, No doubt that the screwed up first well, "Weatherford failed to set the liner hanger and failed to release the running tool prior to the commencement of cementing operations. While performing the liner hanger operations, Weatherford claimed that it had successfully set the liner hanger and released the running tool prior to cementing operations, but Weatherford now admits that it did not do so. " http://www.asx.com.au/asxpdf/20090327/pdf/31gsn9h4q10xz9.pdf This was sheer incompetance if not stupidity...for GDN it set the company back and they have never recovered. Not here to debate GDN but just warning that Weatherfords is not a godsend to the mining industry. Weatherfords have a good track record in Aus but they have only drilled 3 (??) holes.
TSV Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
