The cheap drilling companies comes at a cost, and although we are paying a per-metre rate so we arent directly paying more for longer drilling time frames, the cost will be felt as the campaign doesn't hit its forecast hole targets ,
Except for the action's already mentioned by Neil, Unfortunately not alot that can be done, time will obviously help as the maintenance standards increase
I would be interested to see if elixir look in the future at appointing a drilling specialist to keep an eye on things as the rig count continues to grow
EXR Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
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