Originally posted by speculator101
Hey Jop, I sincerely hope that the oil pools are not separate, however as you so excellently explain, there is a way to go before being able to justify drilling another well to target only the Reeve, although by the wording of the announcement, Eric would seem to be fairly keen.
As for the share payment, sorry, back into my box I go. However, I just thought that perhaps having an extra incentive for working in such tough conditions might be worth the small amount of dilution. I hope the visit to the pub succeeded in assisting with what is a very tough market.
@CEOChair - cheers for the kind words, but please don't worry about the thumbs, I have the two important ones and am using them right now. Just head up to Broome and start polishing that old rig! btw - nice drawing
@THE Dean - I appreciate your info and posts. Very informative, plus a little quirky, of course, some of them just go way over my head!
Your point about the rig having been operating for 21 days is important, as it would seem they are well within the planned time frame.
I wonder if those that subscribe to Strachan might give us some flavor on his thoughts..
I am crossing my fingers that the next week or so sees the rig complete the well successfully (hopeful with a discovery), but operational success is important in itself considering the past 12 months of issues.
Say Spec,
You got me worried a bit now. By operational success do you mean the new joint venture's ability to work together?
