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GREY:PMGLF - Post by User

Bullboard Posts
Post by smittyfrompaon Aug 27, 2007 12:21pm
363 Views
Post# 13305807

Corcel-2 timeline

Corcel-2 timelineIf Corcel-1 is predictive for Corcel-2, it will take about 9 weeks for Corcel-2 to reach final depth, and, assuming oil is found, three weeks more, for completion & initial testing. Twelve weeks brings us to around Nov. 18th, for the next significant Corcel news. Having said that, it may be that Corcel-1 experienced some delays, due to formation (or other) issues, that may be anticipated and overcome on Corcel-2, so that the timeline is shortened, somewhat. In Louisiana, an experienced crew can do a a 12,000 ft. deep well in 4-5 weeks, barring problems, so, hopefully, the crew on Corcel-2, will improve through their learning curve. Original plans for the second half of this year were for two rigs in the Putumayo basin, so perhaps a second rig will be added there, initially ?
Bullboard Posts