Re: Test wells are comleted - John/Paul/John/LP
in response to
by
posted on
Dec 11, 2008 04:02AM
Developing large acreage positions of unconventional and conventional oil and gas resources
>A big welcome to you LP, it is nice to see you come in from the cold ;) I think you will love the atmosphere over here; there is a bunch of real Falconers here. Of course not all of them gone as far as you, having a Falcon tattooed on your ass ;) I think Paul is a long-term Falcon investor, except he also has some trading position.
>> And i certainly wasn't intending to offend Paul (despite how my msg sounded, now that i re-read it) - was just commenting on his statement "I was just disappointed that Exxon is following the same old pattern that I have been watching for years and years now - drill, cap and move the drill again." in that we're ALL tired of watching the FO paint dry but maybe there is a method to the madness and maybe the weather and/or ground conditions have something to do with wanting to get as much drilling done as quickly as possible and then completions/testing could potentially be done almost simultaneously in the spring...then again, you'll have to help me out here John - does the ground in Hungary get so frozen solid in the winter that drilling is simply not possible? :) (they'll have to invest in diamond crusted drill string) All i know is that if it was Falcon alone doing the drilling-capping-moving the rig thing i might be worried...Exxon? Nah, not so much...just hope this confidence is justified in the end.