OTCPK:WSRLF - Post by User
Comment by
Dirdrilleron Oct 31, 2009 12:20am
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Post# 16441070
RE: RE: RE: Of course Raymond James Knows
RE: RE: RE: Of course Raymond James KnowsThis well is not tight hole, they already have rights to all the oil/gas on the lease via the PSC. Al surrounding leases are already under PSC's with other companies, so there is no reason to be tight. Tight hole is used only when the surrounding acreage is up for grabs and in this case it's not. The drilling procedures and methods are of far more importance and should be guarded at all costs. Being that their whole point of being in business is to be an exploration/development company they will release any information on any oil and gas finds as so as it becomes available. Again the only secrets they will want to keep is their learnings from drilling this well and not a major or even a minor oil or gas discovery.