FDM freedom oil and gas ltd

market manipulation, page-10

  1. 2,313 Posts.
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    theres been quite a few other companies that have tried to do what MAD are doing(drill many cheap low cost lower yielding wells) and the main difference I guess is MAD basically do everything themselves being a drilling company to start with.So hopefully slow and steady wins the race. Was thinking the other about why MAD hasnt tried a horizontal well yet? Costs would be higher but being that they are the drillers using their own rigs etc, the costs wouldnt be as high if they had to get someone else to drill it.I guess it could be due to many things though..current formations not suited for it or their rigs cant handle it etc...still cant complaint so far
 
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