Assuming rig is still on contract day today would be day 38 and counting ...... the well was scheduled to take 23 days to drill .......looks to be a few mill cost overrun right there ....
SM#71 revenue likely down ~$1M to date and what looks to be a few mill drilling overrun might put the breaks on any further drilling regardless of E#2 outcome.
BYE Price at posting:
12.0¢ Sentiment: None Disclosure: Not Held