Completion/s & Directional Drilling - Still optimistic
in response to
by
posted on
May 08, 2008 05:52AM
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Yes, I agree - doesn't look good - at least at first.
The way the NR talks about how the completions will be handled w/o their competitors being tipped off is interesting. From what I have been told, the Geology in Tenn. is difficult for Oil Production because of formation faults....(Not sure of technical jargon).
The Oil has simply begun to flow in another direction in #3 - when they Drill directionally after consultation with the experts, good chance they will hit it again.
SB