GGE 0.00% 0.6¢ grand gulf energy limited

sonlite report, page-20

  1. 1,723 Posts.
    The most important part of the ann. seems to me to be the well "bridging".

    Taken from:

    http://oilgasglossary.com/blowout.html:


    "If the well experiencing a blowout has significant openhole intervals, it is possible that the well will bridge over (or seal itself with rock fragments from collapsing formations) downhole and intervention efforts will be averted."

    So, in brief, it looks as though there was bridging and that they are trying to clear it, so as to avoid, presumably, another side track. The cement wes squeezed in as a grout to help stabilise the formation prior to redrilling. But we may need to be prepared for another sidetrack; still, all good in that no blow out at the well head, and it looks like lots of hc.

    As others have said, it may take a few days to sort out. some here will recall that we on Hc, knew of the Nap. Blow out days before any ann.

    Fingers X'd.
 
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