i was wondering if the casing hanger running tool not releasing is a mishap covered by insurance...
isnt that the kind of thing they take insurance out for.
as for speculating about phoenix,they have two previous drillings near by and found 700m of WET GAS,
Very wet gas.
so they just need to find 500m of very wet gas here and it will confirm this is an economic well,(AND AREA)
because of the thick seal of sand stone there are several gas layers all the way down...thats why a few
fellow shareholders are hoping the depth drilled to will be 5000m(even 5500m)
so yes they,ll find what they are looking for and then best of all ROC is the next site,
hopefully VERY WET as well and more than 500m thick all up.
the worth in condensate will make an enormous different in final value of this leases results.
apache will find what they want!!!
we are on a good one...with further leads.
cvn will be up at $1.50 in a year or two
lets hear how latest oil find in thailand sounds
SOON.
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i was wondering if the casing hanger running tool not releasing...
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