CTP 3.64% 5.3¢ central petroleum limited

Ann: Palm Valley 12 Drilling Update, page-3

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  1. 6,334 Posts.
    lightbulb Created with Sketch. 2536
    It doesn't sound like there is much experience in underbalanced drilling on site or at CTP. Going to be a very expensive well.

    Even worse if they can't get enough cement to stay in place to ensure kick tolerance they will have to abandon it. Can't drill ahead without kick tolerance. I doubt they have enough leeway in the hole diameter to run another casing string.


 
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