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InterOil Corporation Message Board

  • doublebagger448 doublebagger448 Jan 13, 2012 1:53 PM Flag

    T2 update from IOC IR

    Spoke with Wayne Andrews at IR. The delay on spudding T2 is due a temporary situation with the water supply for the site.

    Rain for three days straight caused a landslide somewhere up river that dammed the Purari river, the water level at the staging area dropped several meters.
    When the river broke through the landslide debris, it caused a flash flood disabling three barges, at least one of which with IOC's drilling equipment. Not a big deal, but caused a slight delay.

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    • Very good news thank you. It is also important that these wells are way more complex and more costly than the CSP and pipleines that will be built. Therefore we should not expect such issues when they get built. I also think IOC should build the CSP and pipeplines not during the rainy season, but the other non-rainy season. In addition it is also better to learn better on the small stuff so no mistakes on the big stuff.

      Congradulations to all.

    • Double:

      Thanks for an excellent post. This was not unexpected.


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