re drilling breaks and mud losses, my layman understanding (and happy to he corrected) is that this mean they hit a nice please of high porosity clean sand and the drill had a 'drill break' - a sudden surge forward due to in sand not rock and the high porosity of the reservoir led to the mud going into the formation. It does not necessarily mean the mud weight was to high. Last time it was high and was fracturing the reservoir causing the mid loss. It seems here it's the natural sands.
IVZ Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
