Longford Energy Inc V.LFD

LFD sits on best quality oil in KRG

[EOIM]

If you have been following all the KRG story, you would notice that most of the oil in the area is medium to heavy oil with API gravity less than 30 API.

However, LFD is the only one with API Gravity greater than 40 API sutting in discovered Chia Surkh.

We have 90 more days to drillling to confirm this discovery!

[jlmans1]

EOIM - how long does drilling usually take ?How close is Gulf Keytone to LFD ?Thanks!!!!

[EOIM]

Jlmans1, the deeper the well, the longer it takes to drill and the more expensve to drill and the more risky and unsafe it becomes. This is one key advantage LFD has over all the other KRG juniors because LFD is only drilling less than 2700 m and the target Jeribe formation starts from 1660 m. This is what they call shallow oil field and the advantages are as follows:- It is cheaper to drill with

[casey161]

$15 million per hole?!?!?.........where do you pull that number from?