LNC 0.00% 99.5¢ linc energy ltd

exploration - short term opportunities

  1. 14,050 Posts.
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    What are the possibilities for the deep wells linc are planning into the subsalt in the Gulf? I think they are the first to go there in this region but can anyone tell me (dicko?) where sub salt deep wells have had success in the past?

    Also - in Alaska they are going to drill one deep well this season after they drill into the known resource with a vertical and horizontal well using modern techniques optimised for permafrost conditions and do some flow testing.

    The previous drilling in Umiat was shallower. I imagine this new deeper well could significantly increase the reserves if successful. Conversion of some 2p Umiat resource into 1P and dramatic increase in 2P would be very nice.
 
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