View
To finish this well should not be more then 10 to 15m , if it is engineered correctly,TD is only a couple thousand mtrs, six weeks drilling,if they fail to break through the salt they will abandon well , cost rig hire, some tools & bit,all the expensive stuff is done.Not sure where the 20 to 40M comes from.As for a farm in agreement Max will not give a controling share away,more like 60-40 and even that might be to high based on what might be down there.
Anything around 10p and Ill be happy! But it's so hard to predict. Oilies can go from boom to slump in no time at all, look at RKH after their farm in with PMO!
Latest from the Community...
Latest from the Community...
Latest from the Community...