Substantially Undervalued, O&G Situation in play, page-30

I spoke with my geologist friend the other day on the timeframe once they reach TD.

He advised me (assuming they have seen something of interest & want to pursue it) that it will be a minimum of 5 days (7 more likely) from that point before any testing can begin, because they will need to do a number of things to the wellbore.

1. Continue to circulate mud for several more hours to ensure everything is stable.
2. Running wireline logs 10 hours minimum.
3. Ream the wellbore
4. Run casing
5. Cement casing
6. Remove the rig from site
7. Bring in a workover rig
8. Perforate it

LOTM