WISR Ltd V.WZR

RE: RE: RE: RE: RE: WZR

[godfrogger]

Sugar coated comments? My comments are accurate and relevant. How they taste to you is your own problem.

The wellbore behind intermediate casing did not cause the well control issues. The high pressure interval (Gulneri) which caused the problems is well below the intermediate casing shoe and in open hole. 
April 13, 2010
"The Company now plans to drill through the Aaliji interval to approximately 3,300 metres, and to log the hole and run 7 inch casing at that point prior to drilling into the Shiranish reservoir. The expected total depth of the sidetrack hole is approximately 3,900 metres, which is above the high pressure Gulneri zone. Upon reaching total depth, WesternZagros intends to log the hole and run a 4 1/2 inch liner"

Yes, I do suggest that the rig is inadequate and management made a mistake. Recall management themselves wrote in the annual info:
March 25, 2010
"contracting an alternative rig to allow for greater flexibility in drilling to the reservoir targets for the

third exploration commitment well"

(Note the word "alternative" there, Muley, as opposed to the word "additional"?  That is a key point, because an "additional" rig would cost "additional" money.  Looks to me like they will want to use the rig they have to drill a flank well, but find a different one for the third exploration well.  Could just move the rig over on the same lease and drill a deviated well to test the flank for an oil leg, saving some time and money, while negotiating for a bigger rig with higher BOP rating?)

While I was digging around in that news release for Muley I figured I'd pull out this bit to explain my response to Kaos (I inserted the word Kerogen in brackets to help explain the word 'source' in this context in case anybody did want to google it):

(Note the word "alternative" there, Muley, as opposed to the word "additional"?  That is a key point, because an "additional" rig would cost "additional" money.  Looks to me like they will want to use the rig they have to drill a flank well, but find a different one for the third exploration well.  Could just move the rig over on the same lease and drill a deviated well to test the flank for an oil leg, saving some time and money, while negotiating for a bigger rig with higher BOP rating?)While I was digging around in that news release for Muley I figured I'd pull out this bit to explain my response to Kaos (I inserted the word Kerogen in brackets to help explain the word 'source' in this context in case anybody did want to google it):

"Corporation has received an independent geochemical evaluation of the condensate tested from this

Oligocene reservoir which indicates that the condensate is from an oil-prone (Kerogen) source"