Well folks it was looking good...
Possible remedial options?
1. If water is still coming up the backside of the liner then sidetrack out of the 9 5/8" casing (this was what i was hoping they would do in the 1st place).
2. Redrill? Would not gain much over the sidetrack mentioned above.
3. Yakal?
The big problem is now money, as P100 mentioned this will probably be the end for KIK and BG world, turning on the ESP will in all probability suck water in faster and the well will go sub economic very quickly (it probably is borderline right now). So NDO will be faced with major economic problems financing any option. I'm sure we will now go through a period of weeks of collective paralysis all the time with the situation getting worse.
I'm all out for now, I agree with P1000 that the bigger assets of NDO look very attractive and I bet the big boys will watch and wait for this to go sub 10 cents which I'm sure it will.
it's a shame for sure.
cheers,
Oilman
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