Interesting in relation to that posting of a rumour in March--- 6th of March in fact.
12/3 ann states ; 13 3/8 casing set & cemented on 11/3 at MD of 590m. Preparing
to drill ahead in 12 1/2 hole.
24/3 ann states ; Drilling of the 12 1/2 inch hole section reached 1626m MD. While
pulling out of hole to service a mud pump the Essar Land Rig experienced mechanical
issues and is currently on equipment downtime.
Whilst the rumour was very premature, the soothsaying was spot on!!
GLTAH
OEX Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held
