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Ann: Red Valley Drilling Update, page-66

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  1. 1,675 Posts.
    lightbulb Created with Sketch. 749
    Potentially H1 wasn't overly great...we will have to wait and see.

    H2 on the other hand has caught the geo's attention, so much so as to push ahead drilling down more then the originally planned depth. Our geo's/JV know the area/formations rather well. They might have a hunch.

    As with all drilling, if you hit a sweet spot why stop? You can get better $/m by continuing in the same honey hole rather then moving the rig... though it's deeper drilling so will draw a premium at greater depth.

    Let's wait and see...

    All IMO.
    Last edited by EagleOnEagleSt: 29/05/17
 
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