former oil and gas executive you, bob cavnar, who writes about the industry for huffington post. good evening. good evening, keith. what was your take-away from the news today about the sudden new updated, improved estimate for finishing the relief well? keith, i think there are several things going on here. one, i believed for the last several weeks that mid-july was the time frame they would be ready for the kill, were it not for a storm or some other situation come up. since there hasn t been a storm that s shut them down, they really have made enough progress to do the kill by mid-july. the fact they re pushing their date up finally is one, they re facing the reality they re within a couple hundred feet. since they re being pushed to put a tighter cap on, they want to get that well killed before they have to put the cap on.
as always, great thanks for your time tonight. as promised, let s bring in former oil and gas executive you, bob cavnar, who writes about the industry for huffington post. on his own website the daily hurricane. bob, good evening. good evening, keith. what was your take-away from the news today about the sudden new updated, improved estimate for finishing the relief well? keith, i think there are several things going on here. one, i believed for the last several weeks that mid-july was the time frame they would be ready for the kill, were it not for a storm or some other situation come up. since there hasn t been a storm that s shut them down, they really have made enough progress to do the kill by mid-july. the fact they re pushing their date up finally is one, they re facing the reality they re within a couple hundred feet. since they re being pushed to put a tighter cap on, they want to get that well killed before they have to put the cap on. whatever litigation motives
bob cavnar, who now writes about the industry for huffington post and his own website, the daily hurricane. good evening. good evening, keith. what was your take-away from the news today about the sudden new updated, improved estimate for finishing the relief well? keith, i think there are several things going on here. one, i believed for the last several weeks that mid-july was the time frame they would be ready for the kill, were it not for a storm or some other situation come up. since there hasn t been a storm that s shut them down, they really have made enough progress to do the kill by mid-july. the fact they re pushing their date up finally is one, they re facing the reality they re within a couple hundred feet. since they re being pushed to put a tighter cap on, they want to get that well killed before they have to put the cap on. whatever litigation motives the company might have for not