OTCPK:WSRLF - Post by User
Comment by
bazilfawltyon Nov 24, 2010 10:08pm
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Post# 17754804
RE: RE: RE: Rafi Khouri - Raymond James
RE: RE: RE: Rafi Khouri - Raymond Jamescrude
I think this will move up when we get the next NR from the last testing of Kudamir1.
The majority of all companies drilling in Khudistan have had their share of drilling problems.
The Geology is quite rocky and granular in nature so well colapse is always a concern.
WZR have not done well as far as well completions,but,TLM would also have it's problems as does NIKO drilling the QUARA DAWG structure just north of WZR.
Sterling Energy has just reported drilling complications and has not gone to TD or completion.
there are many others like Addax...DNO of Norway...gulfkeystone...they have all had their share of drilling problems....and with pererverance are and have become sucessful in Khurdistan.
SO lets wait till the next NR to judge WZR....and compare the price to now.
IMHO...it will be higher....as there is more to this well than was firstly reported....lets see.
Baz