OTCPK:WSRLF - Post by User
Post by
Malpequeon Aug 11, 2009 12:24pm
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Post# 16209190
Kurdamir-1
Kurdamir-1WZR has stated that Kurdamir-1 will cost 38-40M to completion at 4000 meters.
That seems very an expensive completion for Alberta standards to that depth.
This is an exploration well, big bore casing, taking their time, as the targets are so huge, we understand that part.
Is it shortage of logistical gear that runs the price up, if so any cost relief as the area gets busier and more gear arrives?
Get a 20,000 barrels plus a day and this is all a mute point if not numbers are heavy.