'Im not sure what the cost will be for the drill rig to flow test? Assuming lets say another $17Mill,the cost for ADX is shy of AUD $13Mill
I would have thought it would not cost as much second time around , as they will have the drill casing already in , just need to perforate the casing and it would almost be just a demurrage type fee with the rig just there to have its BOP in place , and the ability to use the string to maybe perforate the casing at intervals , and take flow readings over say a week and flame control monitoring . but welcome to be corrected as have only been a distant observer to what happens - and that was 50 years ago ,
Drilling in Europe sure is expensive compared to in the USA it seems .
Ann: Welchau-1 Well Discovers Condensate Rich Gas, page-227
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