TSXV:ART.H - Post by User
Post by
koast2on Jul 12, 2011 9:57am
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Post# 18821623
Possibly drilling deeper ?
Possibly drilling deeper ?Further, there are ongoing discussions between theconsortium group to possibly deepen the well up to an additional 250meters, subsequent to the completion of the current testing program. Theprimary purpose would be to drill deeper to further evaluate theproduction potential of the proliferous Kometan formation, the zoneimmediately below the Shiranish formation. Confirmation of thepossibility and technical capability of re-entering the well anddrilling deeper is expected over the next few weeks.
So they may or may not even drill further.