Scandinavian Oil-Gas Magazinehttp://www.scandoil.com/moxie-bm2/news/greka-drilling-drilled-26-wells-in-first-half-2013.shtmlGreka Drilling drilled 26 wells in first half 2013Greka Drilling Limited is pleased to provide an operations update to 30 June 2013. Five counterparties: Green Dragon Gas, CNPC Huabei Anze, CNPC Huabei Jincheng
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Edit page New page Hide edit links Greka Drilling Limited is pleased to provide an operations update to 30 June 2013. • Five counterparties: Green Dragon Gas, CNPC Huabei Anze, CNPC Huabei Jincheng , Sinopec CBM (BOFA) and Sinopec Unconventional Oil (Petroking) • 26 wells drilled in first half 2013 • 36,347 metres drilled, compared to 57,997 metres drilled in the same period 2012; the experience gained in the area allowed the Company to drill LiFaBriC wells with fewer branches • Vertical wells averaging 25 drilling days versus 37 days in the same period in 2012 • Horizontal wells averaging 87 drilling days (radius bend and lateral section) • Directional wells averaging 20 days; deepest well 1,076m Measured Depth (“MD”) • Exploration drilling (LiFaBriC) wells at 61 days improving on previous Company guidance of 90 days. This references the Exploration drilling for Green Dragon Gas |