news, page-8

I was slightly out on my 1000+ bopd prediction lol.....this announcment isnt so bad actually (snippet from the announcement): "If oil production can not be improved significantly from the current zone,
NS-1RD will be deepened to evaluate the four additional volcanic zones, two of which resulted in
lost circulation (indicating potential reservoir zones) in the previously drilled NS-1 well, 16 meters
away."............it is pretty obvious what their saying.If oil production doesnt increase significantly then they will drill deeper into potential reservoir zones where the 1994 NS-1 hit 1400 bopd before watering out due to incorrect cassing.sounds positive even though the initial bopd isnt so great they may still get 1000+ bopd