Best estimate from the ESG bimonthly is that the Dewhurst 11 well will be completed sometime next week and the rig will then move to PEL 6 ... so I think its going to borderline whether its still early Novemeber or mid November! Means we should have some sort of result by mid-December as they previously said the two PEL 6 wells would take 60 days .. 30 days each.
Hopefully both wells should have been drilled well ahead of any vote on the merger.
H
OIP Price at posting:
10.5¢ Sentiment: LT Buy Disclosure: Held
