AOK 14.3% 0.4¢ australian oil company limited.

Yes Aussie. You took the words out of my mouth. Nice analysis....

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  1. 181 Posts.
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    Yes Aussie. You took the words out of my mouth. Nice analysis. Drilling operations have much more than just making hole. The board might be interested to know that at this depth if they have to replace a dull drill bit hey have to pull up roughly 300 stems of drill pipe up one of two at a time (depending on te Derrick size) rack it then put it all back in the hole. This takes between 12 to 18 hours. Just thought the board might appreciate a bit of perspective in terms of timing and work going on.

    Drilling is truly an art form and I reckon GJ and his drillers are the Michelangelo’s of drilling in California. Very relaxed st this end


    The Captain
 
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