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5.00% 2.1¢ galilee energy limited

Ann: Glenaras Gas Pilot Operations Update, page-90

  1. BlindTurn
    48 Posts.
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    21/09/21
    10:29
    Post #: 56229132
    From what i understand, the submersible pumps are at the bottom of the well and require a workover rig to retrieve and replace.
    The repair work takes about 5 days but getting the parts and the quarantine process adds to the lengthy delay.
    Pumps breaking down are unfortunate. Not a conspiracy


    Last edited by BlindTurn: 21/09/21
    GLL Price at posting: 41.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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