RE: This is risky12 Jul 2021 11:42
all drilling are risky - i mean all, exploration, appraisal, development. same as workovers - light and heavy all come with risks. To oiler hands out there, perhaps some experience sharing could help our investor community.
"The delay caused by the loss of drill string in the midst of the drilling is unfortunate, however contingency plans have been implemented to sidetrack from above the lost pipe and continue drilling to test both the Red Sandstone gas show and priority target horizons beneath. This option allows us to utilise the existing 483 meters of already completed drilling rather relocating to a new location."
a few days extra to sidetrack and we are back onto the program.. i would say ~2 weeks delays... give or take.
its ok...