Everyone just thinks that its as simple as ABC.. you seal lower formation and test upper. You have massive costs involved in flowing the well.. what about personal around the clock, engineers, testing equipment. You all expect this upper formation to be flowing striaght away with no evaluation and then earn money... life isnt that simple. Its taken us 6 months to evaluate the lower formation properly and if you look at BCC.. there two wells have taken over 7 months as well. Testing the upper formation will take a while.
VIL Price at posting:
2.3¢ Sentiment: Sell Disclosure: Not Held