Both of your posts re. today’s announcement are wrong and misleading, unfortunately there are a few investors here that may take them at face value. There was no mention of needing to “shore up this well” nor anything about “losses”. If you have in-fact worked in this space for a long time as you state, you will already know exactly where I’m coming from…..for those with no O&G background “running and setting of the 11-3/4" liner within the 14" hole section to secure this open hole” is a standard procedure/reporting term. All going to plan just a bit slower going than expected, patience.
Ann: Zapato-1 Drilling Update, page-64
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