Now is it scaring the bejabbers out of management, thats a decision they are going to have to make soon, we will be into the Bellatrix formation in 2-3 weeks time..they not only don't know if there is oil but also the quantity and quality of it or the reservoir ..
Now what scares the bejabbers out of me Ooo is you raising hopes for a HUGE increase in resources next week.... however the odds are very reasonable for that and it certainly should be higher than the current 240 Bbls 1C currently given by FAR and the 3C is likely to step into the 1 Bil bbls area but HUGE / MASSIVE 1C numbers , we will have to wait and see, they still need to check out the northern extent with BEL 1 and the eastern extent with SNE 4?
For me the size of SNE makes a discovery at Bellatrix of considerably less importance now , although it will affect the share price it would be short term IMO....the SNE look a likes have much more appeal to me and it could turn SNE to a very large field indeed ....
Sorry to hear you have officially lost your job JP I wish you luck finding a new one..
Cheers Whisky
FAR Price at posting:
11.3¢ Sentiment: Buy Disclosure: Held
however the odds are very reasonable for that and it certainly should be higher than the current 240 Bbls 1C currently given by FAR and the 3C is likely to step into the 1 Bil bbls area but HUGE / MASSIVE 1C numbers , we will have to wait and see, they still need to check out the northern extent with BEL 1 and the eastern extent with SNE 4?
(20min delay)