what's wrong with a horizintal well with perforated liner / casing in this 40M section .. sounds expensive but should solve the collapsing hole? ... yes? or am I'm talking crud?
We know there's gas in Y-1, and that was way off structure and now we have similar gas column in the center of the structure .. surely that's an encouraging sign of a big gas field? .. yes? or am I talking crud again?
If I was ARQ, I wouldn't start to sound negative on Y too soon .. they haven't had many successes of late .. none of these Canning plays will be easy! .. except Backreef / Onlap .. but that's another story! :)
(no comment needed from PC43 .. LOL)
Bg.
ARQ Price at posting:
0.0¢ Sentiment: None Disclosure: Held