St.Martin project - update on work being done on well
All:
Rig was moved off location this week after unsuccessful efforts to recover the “Fish” (75 foot pipe testing tool dropped in the Well).
Currently evaluating go forward plans- which include (1) milling on “Fish” with special bit designed to tear it apart- then pull gravel pack- clean hole- re-perforate and gravel pack or (2) sidetrack the Well.
Waiting to hear from Service Company on their Insurance Coverage.
Will keep you appraised of our progress.
Stacey