time to go ! , page-4

Rafish, the problem is that at minimal cost and at a huge probability of success they could have moved the rig 50m away and drilled another hole.

Now, presuming the EPT is a success, they will have to find another rig, then bring it all the way out to surprise, before they can do the same thing.

I know it's a little riskier to do it without the 3D, but cash is the issue. Getting a faster influx of money would help the company dramatically.

Now we have to hope that Surprise 1 flows enough, that the EPT is a success, and that it generate enough to cover company costs till about a year passes and another rig can be brought in to drill a 2nd horizontal well.

I've often told people they are expecting too much too fast, but in this case the company has chosen the slow, expensive route. They feel that the risk is reduced, but will the company be able to continue long enough to take advantage of that lowered risk?

Not happy atm.