GREY:ARHTQ - Post by User
Post by
cableslackon Oct 19, 2010 1:21pm
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Post# 17582778
Reality check
Reality checkA few too many people with rose coloured glasses here lately.
Last drilling update had them at 2200M on Sept. 09 drilling with 12.25" bit. Likely to set the next string of casing no lower than 2800 - 2900M, probably shallower.
No chance in hell that they are not on another sidetrack or another on top of that. They should have been logging no later than the last week of September.
So to the pumpers and the giddy little ones dancing around the maypole, stop blowing smoke. They are having just as many drilling problems as WZR, just be hopeful their solutions are more successful.
I am hoping to the end this plays out well for all of us who have invested but these guys are not cash rich to cement it shut and move to the next one.