Agreed! Driling report is overdue .. I guess they were busy with the farm-in agreement.
But what I am really waiting for is any reserves upgrade (it was january when we had the last one) and of course the lateral drilling results expected in October and November.
I am very positive on ESG and in fact I expect that the target of converting the 1,300 PJ of 3P to 2P by late 2009 will be achieved much sooner than that ... and we should get progressing upgrades as the appraisal program proceeds.
H
ESG Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held