re: help please - sank
Nothing from P90 overnight - his last post was on Tuesday evening ina post mortem of the HDR announcement, as follows:
"Possibly it may have been the hole going off in the wrong direction and they couldn't correct it in the distance left to go to the targetted zones.
Alternatively they could have just jetted out the hole too much and ended up with a massive cave that was going no where.
Remember that the formations are very, very soft and it doesn't take much to go wrong. Imagine the consistency of beach sand and being able to carve it out with a spade - delicate stuff! But potentially great oil reservoir.
Possibly we will hear before the week is out....but strangely looking back over the last five wells most of the RNSs have been released on the monday....need to double check this.
All imho, dyor etc etc
p90 "
HDR Price at posting:
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