PTR 17.4% 2.7¢ petratherm ltd

more delays- as i read it..., page-12

  1. 36 Posts.
    I find the following statement interesting:
    “The program has been modified to include both wireline and logging while drilling (LWD) equipment.”

    My understanding was that they originally just planned on analysing by wireline logging and then casing to TD. So are they now saying that they require additional analysis using LWD as well as the wireline logging data?

    LWD is very sophisticated now but is there something specific that LWD will provide PTR that normal wireline logging doesn’t?

    I would much prefer they spend additional time on this now (even though I hold PAX and they are waiting for the rig) instead of finding out later that they are not happy with the data.

    Systemiser.
 
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