posted on
Mar 10, 2008 08:41AM
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Message: Removing rig
Duncanmcl...they are removing the rig but they are bringing in another rig to finish drilling the hole. They need another type of rig to ensure safety with under balanced drilling.
Seems to indicate they hit possible high pressure area. This is exciting because after all, we are all hoping for that multple hundreds of barrels per day that Montello is looking for. High pressure areas of hydrocarbons is what delivers hundreds of barrels per day.
Nothing is for certain yet but I am very happy and encouraged with the information in the news release.
Time will tell.
Regards, Muffles
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