JR, I think you might be a little optimistic with your four day estimate. I wouldn't want others on this thread to be set up for false expectations.
On May 26th, in post #97, Dave said " ... 3 weeks from a drill stem test ...".
Then on May 29th, in post #103, Dave said that in the later stages of drilling they could expect " ... 100/200 feet per day".
Today, it is reported that they are at 8040 feet. Using 200 feet per day from here to 10,040 which should get them near the first possible pay zone, I calculate another 10 days at least barring any problems. Then another 10 days (at 200 feet per day) to get from the 10,000 foot level to the 12,000 foot level. Then they have to do the well completion, another two weeks as per post #97.
I wouldn't expect any serious news until near the end of this month (quite possibly even early July), at the earliest.
These comments are not meant to be negative, just realistic.
Thanks,
Richard |
