CIG 0.00% 6.0¢ caspian oil & gas limited

mondays announcement???, page-2

  1. 445 Posts.
    Hi Aries,

    Here are my 5 cents....

    CIG has announced that they will perform a wire log test at 1740m (plus) prior to reaching the 2000m cut of.

    I suspect that they will reach the 1740m target within the first day of the concrete plug penetration.

    The average success rate for these types as drilling campaigns is approx 1:10. However, there some indications that we could deal with a higher probability due to

    + the high proximity to the existing west mailisu production well that shows the similar geological features

    + early hydrocarbon shows at 1995m

    Best wishes to all SH: KM
 
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