OTCPK:WSRLF - Post by User
Comment by
swisscanon Nov 07, 2013 9:00pm
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Post# 21887076
RE:RE:RE:RE:RE:RE:RE:Its a Steal
RE:RE:RE:RE:RE:RE:RE:Its a Steal
42API, thanks very much for your well reasoned and informative contributions.
I haven't been able to listen to Simon's latest conference call, was there any mention of a sidetrack of K-3 ?
Whatever happened to the possible planned sidetrack that was put forward in their news release of Mar 22,2013 as follows :
Planned expenditures include approximately $30 million for the Kurdamir-3 vertical appraisal well (spudded February22, 2013), $9 million for the Kurdamir seismic program which commenced in the first quarter of 2013, and $2 million for the Kurdamir-2 completion costs. Contingent projects may also include $9 million for a potential Kurdamir-3 sidetrack, if required, and, subject to KRG approval, $7 million related to commencement of extended well test production at the Kurdamir-2 well.
Is it possible that that planned side track could be be turned into a horizontal well ?
Excuse my ingnorance of drilling practices.
Thanks and best regards