RE:RE:Red Cloud updateFurther to this, after reviewing the Red Cloud update closer, it appears that drilling is complete on the initial well. The report included this line on top page 3 "
The well was drilled to a ~2,600m depth using a traditional oil rig" Not sure why E3 chose to wait to NR that drilling complete, except possibly to review the well logs that were likely run after the well reached TD (total depth). The photo is consistent with the competion of drill with the drilling rig derrick layed down in the photo. If flow testing is required. they will likely replace that drilling rig with a smaller service rig to conduct the completion and testing
Hoping we'll hear something from E3 in the next few days on success of the first drill.
Yajne wrote: Excellent in-depth update from Red Cloud!! Thanks GMon for the link
GMon wrote:
https://cdn-ceo-ca.s3.amazonaws.com/1hdaq8j-20220718-ETL-Site-Visit-1.pdf
Update from Red Cloud's site visit.