SSN 0.00% 1.5¢ samson oil & gas limited

re:halliburtons, page-42

  1. OMR
    1,174 Posts.
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    Hi buc

    Just a couple of points......

    - There is no salt dome. The problem is what Terry calls " bubblegum " shale. Soft gummy shale that keeps collapsing into the well bore and jamming the drill assembly. I think you probably know what the plan is to overcome this problem.


    - Spirit #1 was a wildcat/exploration well so I would think the drilling company would have turned with a rig that, based on info supplied to them by Terry, they thought would do the job. New play,no previous data......it comes with the territory. My opinion only.


    OMR

    Frontier Drilling Rig No 11

 
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