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30/11/07
16:39
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Aramco sources stated recently that they are pumping back to the surface, as much as 80% water.
Some of those fields are positively geriatric now..
Thankfully, there are plenty of fresh sources in the southern parts of the system.
A lot of them are in Puntland of course.
December trading should pick the pace up a bit you would have to think, with AOI'S oil rig on the water.
I look forward to some AOI news to that effect, plus a more defined drilling schedule.
Its all happening. Its not a pipe dream.
Meanwhile, we take it up the ring....but on small turnover.
regards rupe.
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