I know they are cash constrained but crazy they didn't have in the plan to drill sidetrack with rig on site - most time and $ are getting onsite and set up compared top a short drill and since there was no delay in original drill so no contingency time used. Truth may be a new drill site required as need to get higher up dip and give new well a opportunity to be production with sidetrack option .
My question is - why try and extend and find edge - why not drill closer up dip and "guarantee " a production well and tehn sidetrack to confirm downdip edge ? They need gas production and gas flow to produce cash not 2p reserves IMO
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- What makes welchau different is, we know gas is there, we just have to drill in the right spot.
What makes welchau different is, we know gas is there, we just have to drill in the right spot., page-4
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