KAR 0.27% $1.87 karoon energy ltd

stevo and Jimmyoz - enjoy your post, thanks.The well selection...

  1. 1,675 Posts.
    stevo and Jimmyoz - enjoy your post, thanks.

    The well selection was done before this phase of drilling started and the drilling (other than Grace) was selected from results of previous drills and 2D and 3D.

    The purpose is not to hit gas and oil every drill. It would be nice. It is best to drill to determine potential definition of the formation. The only way to do this is to punch a hole in the ground. The end results is to find the best place to put a production hole.

    Expect finalization of the BOP testing and proceeding to drill forward.

    One important thing from past projects is there is high volatile gas pockets and tough drilling formations ahead so best be prepared. There will be no pushing tools to the bottom of the hole this time.

    Bob

 
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