Rapad Drilling #31 repoted RIGGING UP, 5/17/14

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Rapad Drilling #31 reported 21 days Drilling Ahead @ 12,029', 6/6.

Rapad Drilling #31 reported 28 days Drilling Ahead @ 12054', 6/13.

Rapad Drilling #31 reported 35 days Drilling Ahead @ 15313', 6/20.

Rapad Drilling #31 reported 42 days Drilling Ahead, 6/27.

Rapad Drilling #31 reported 49 days Drilling Ahead @ 18146', 7/3.

Rapad Drilling #31 reported 56 days Drilling Ahead, 7/11.

Rapad Drilling #31 reported 63 days Drilling Ahead @ 12059', 7/18.

Our first TMS well, the Dry Fork East #2H, in Wilkinson County, Mississippi was spud in late May and reached total depth earlier this month within the planned time-frame. During clean out prior to running production casing, the drill string parted due to defects in the drill pipe. We are now in the process of sidetracking the lateral portion of the well and expect to have casing run within two weeks. The lateral exhibited strong hydrocarbon shows during drilling, confirming our expectation of a good well.  The TMS rig will run continuously throughout the year, allowing us to spud up to four gross operated wells in addition to participating in 10 – 15 gross non-operated wells. We increased our TMS net acreage position during the second quarter from approximately 40,000 net acres to 58,000 net acres, largely through bolt on acreage positions. We expect other TMS operators to continue ramping up their activity and further de-risk various portions of the play.

From a Sanchez release, I surmise this explains some of the delay and such. 

Damn Chinese drill string!  No, I don't know that for a fact but there are a number of new steel plants being built in the region that will turn out tubular products.  One is here at the Port of Caddo Bossier on the Red River.

I'll say it again, these are some deep, complex wells.  Occasional  hiccups are to be expected.  Thanks for the update.

Rapad Drilling #31 reported 70 days Drilling Ahead @ 12,410', 7/25.

Rapad Drilling #31 reported 77 days Drilling Ahead @ 12,128', 8/1.

Whoa, that is a long time.  They have some issues obviously. 

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