Just thought I would copy/paste part of STX announcement made today about their stuck fish.
The planned operation from this point is to continue attempts to recover the fish then proceed with the completion. This entails running in to 6,600’ (2,011m), conditioning the hole (i.e. make sure there are no more ledges or tight spots), circulating out the potassium formate drilling mud that is currently in the hole and replacing it with Niobrara oil and then finally running a 5-1/2” perforated liner from 4,700’ to 6,600’ (1,432 to 2,011m). A down hole electric submersible pump will then be installed at the bottom of the well bore and the well will be put on test. Should the fishing attempts fail consideration will be given to temporarily suspending the well until a drilling rig can be brought in later to complete the fishing job or to sidetrack the well.
Yes I hold GDN and STX lucky arent I?
GDN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held