RE:RE:Missing Oil Rig? On Dec 22 they got the license amended to add another horizontal wellbore that goes in the opposite direction as the previous one. So most probably that next horizontal leg will be drilled after the first one is put into production later this month.
FabiusCunctator wrote: The rig completed welloperations and is now likely stacked in the yard awaiting another contract. Based upon the latest press release the company has not yet committed to its third well. Likely they are incorproating the latest well data into a re-evaluation of the available seismic data ahead of final planning for well three.
SNV has shown signifricant competence in the conduct of planning and drilling thus far. It just goes to show you what they could have done in Indonesia if their partner had abrain a little big than a greedy RAT!