Yes this time it's different.
The suspension plug is set in the casing near the top of the hole. In Hab-2 it was set OK but there were problems when it came to later unsetting it and in the process it slipped to the bottom of the hole. It was left there when the initial circulation tests were conducted but it's presence impeded the flow, possibly due to spalled debris bridgeing off below it. Subsequent events to drill a new sidetrack hole were expensive and the program was abandoned. Hence the new plan to drill Hab-3 with a bigger rig, drill pipe etc.
An un-unset bridge plug is retrievable. But it is not really the same problem as last time.
By the way the presence of the slotted liner is a blessing.
It's ID is less then the diameter of the plug so if the plug does drop (heaven forbid) it can't fall into the open hole section like last time
It bit of a blow never the less.
I hold Shares and Ops, but am sufficiently confident to exercise my ops. I will be writing out a cheque tonight to and posting it in one of those "next day" express envelopes.
- Forums
- ASX - By Stock
- RNE
- weekly report
weekly report, page-8
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RNE (ASX) to my watchlist
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.528M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $2.947K | 1.473M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
45 | 69374924 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 1640944 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
45 | 69374924 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 1640944 | 2 |
0.003 | 12281983 | 15 |
0.004 | 2947243 | 4 |
0.005 | 1210000 | 3 |
0.006 | 3269000 | 2 |
Last trade - 15.04pm 10/09/2024 (20 minute delay) ? |
Featured News
RNE (ASX) Chart |