OTCPK:WSRLF - Post by User
Comment by
molmanon Nov 06, 2013 12:54pm
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Post# 21881551
RE:RE:Kurd 3 well
RE:RE:Kurd 3 well
It the release is correct in that the water is coming from down below due to a poor cement job, then the well should be ok with some re-working. While it may not be the best well. it should be salvagable.
What is disturbing is that the problems with the drilling and engineering still persist.
The good news is that the reserve estimates remain in tack and have not shrunk. I am not sure what the current market is for buying reserves in the ground, but it should be considerably higher than todays share price.