"Myrtle Basin 1 Vertical Well Spudded..help needed"
this forum has W.K.F.E
I've read a number of announcements & quarterly reports.
can anyone now tell me whether the above "Myrtle Basin 1 Vertical Well".
1) IS JUST A EXPLORATION WELL..????
2) IS A FUTURE PRODUCING WELL..????
it's being drilled by a very flimsy drilling rig.
it's only a vertical well..
it's also testing "shale formation". which begs the question "how much knowledge will be gained without doing a lateral well"..??
it's my impression that " a lot of people think they know what's going on, which the real truth know very little".
just look at what happened the other day with announcement dated 19/9.
E2..it was pretty much ""what the"". we don't have a future producing well"..????
I ask the question "what amount of information can be gained from this...hmmmm ordinary well bore".????
just tell me "when will they actually drill a future producing well"..????
that's the 64K$ question..
i'm feeling slightly What In the Friggin Hell am I doing.
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