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Bullboard - Stock Discussion Forum Anatolia Energy Corp BEEHF

GREY:BEEHF - Post Discussion

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Post by Eskimoman on Feb 17, 2013 11:25pm

drilling

So, they needed to drill a well to satisfy a psc. How did upper mgmt decide to drill in that exact location....witching sticks? They spend 1.4mil (or so) to drill a duster...I thought the people running this show, given their credentials, could do better...at least they should know better.....I could understand this approach if they had all kinds of cash to burn...but they don't.....
Comment by LittleJohn83 on Feb 18, 2013 2:56am
Witching the location would have done no harm as it is!  I've worked on Frac crew a few years ago and drilling rigs more recently, and if its any consolation to others who are out money, even in Alberta they miss sometimes, or hit a pocket with to much water to be viable.
Comment by photoman on Feb 18, 2013 3:20pm
This post has been removed in accordance with Community Policy
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