As I said before the drill. announcements, are sparse and short on detail. For decent reports look over the reports put out by EGO daily. Full of all the relevant detail. SUR is reying on CVN, but IMO CVN needed to report again last week, even if it was a no progress report.If a minnow like EGO can give excellent geological reports on a daily basis why can't this crew? IMO, a condition SUR needs to put on its European excursion, where the operator is likely to be non Aussie is that regular pogress reports must be forthcoming. It is our money they are drilling with. I had expected better from CVN who have relied on POE for their reports in their other Thai area.If the first well has been abandoned they should have told us. If they decided to further deepen it, again, what is wrong with telling us.
A report on Tuesday, if trouble free, should report the first well complete and the second spudded. That isn't good enough IMO.
SUR Price at posting:
6.2¢ Sentiment: Hold Disclosure: Held
