The string of stuff ups. Lets not forget 134 m confirmed dry oil column.
List od NID-isasters
-botched cement job initially, and well took double the time compared to industry norm
-problem known with zone of lost circlation and failure to correct in design of well.
- went berserk with the acid wash.
-they mislead SH by stating initially problem was with weatherfords -LIARS
-first workover botched - the cement squeeze second time around was again not to standard
- Used the incorrect grout to set casing. Vuggy formations require lightweight grout or other engineered solution to the problem posed by this formation. Vuggy
- zone of lost circulation again raises its ugly head, but again engineers failure to design around this problem.
- drilled a 120m side track from the original well, and still botched the cement job yet again.
-Drilling from existing problematic well again and again.
- used asphaltic expandible packer system not compatible with acid. Acid made the swell packers shrink.
That would have to be a hanging offence IMO in this game.
- Meanwhile poor shareholder had to suffer countless CR and pain
Abandon tindalo
Jocot and team go to ground to learn from the experience and what a learning experience that would have been.
Solution, give ourselves a bonus. like little children at preschool. we have been good students, can we have a smiley stamp and some free share and option please.
NDO Price at posting:
13.5¢ Sentiment: None Disclosure: Held
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