ARQ 0.00% 8.7¢ arq group limited

Okay.The costs.Rig 18 cost a bomb, we know that’s.A testing crew...

  1. 6,650 Posts.
    Okay.

    The costs.

    Rig 18 cost a bomb, we know that’s.

    A testing crew cost less per day and can carry on testing the Nullara limestone.

    Questions.

    1, Can the testing crew if the Nullara limestone a no go, cement of the lower section and then perforate and test the higher Anderson zones.

    2, In the worst case and the Stoke Bay 1 well is a duster can the testing crew P&A the well or would Rig 18 or another have to come back on site.

    Any views please.


    My two cent worth is they should have finished testing with Rig 18. I think we need further info from ARQ clarifying the rational and costing.

    PS Looks as if ARQ is not going to bring Rig 18 back to Perth this summer.



 
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