bop, re-rns

http://energyclaims.net/assets/BOP-and-control-system.pdf

..FOR THOSE NOT FAMILIAR WITH FITTING OF A 'BOP'
It is standard procedure for a BOP (blow out preventer) to be fitted, should the well become out of control eg 'unexpected flows under pressure, causing the well to become out of control'....So far so good and now that they have widened the bore hole tO 17.5", is indications of 'great expectations'...on the part of the drill crew...imo

The RNS is as good as can be expected, now LET'S GET TO WORK,for what lies beneath?
http://www.investegate.co.uk/Article.aspx?id=20110825120000P4B8E

{The blowout preventer "BOP"
is currently being fitted after which the rig will shortly resume drilling with
a target total depth of approximately 3,500m expected to be reached in mid/late
September.

The Mukhiani Well is targeting the Vani 3 prospect which has the following
estimated undiscovered stock tank oil-in-place ("STOIIP"):

Vani 3 Prospect - STOIIP (MMbbls)

P90 P50 P10 Mean

Gross (100%) 41.7 92.7 178.2 115.2

Net Attributable to RMP (20%) 8.3 18.5 35.6 23.0

The geochemical helium survey undertaken by JV partner, Range Resources,
confirmed the suitability of the first drill location with oil exploration and
development prospectivity complementing the earlier seismic work completed on
the target.}