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first oil show estimate, page-2

  1. oilman01
    5,710 Posts.
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    27/02/14
    12:42
    Post #: 13058872
    Coban C has sequences of anhydrite and dolomite which are all hard to drill (just softer than granite basement). We can't guess how fast they are drilling but no doubt that the trailer mounted rig has limited capacity and can't be as fast as a full size one. Atzam-4 has C13 at circa 1700 ft so it has been the number we heard of most accurate so far. It's almost a week so hope we are getting there.
    CTR Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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