HOG 0.00% 0.3¢ hawkley oil and gas limited

operations update, page-4

  1. 3,123 Posts.
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    On the 23rd December HOG management stated that the target depths of B24/25 should be reached within 10-14 days.
    Now my calculations indicate that we should just about be hitting that target by now, except we don't know if they included any festive season breaks during that drilling period?....However, we should know pretty soon whether the $8,000,000 they spent on this well will reward HOG shareholders or be money down the drain????
    I certainly am not happy only receiving monthly updates from HOG management when we take into account the current status of this well and the ongoing decline in the companies share price!!!!
    The wording from our CEO in his last update did not fill me with any confidence that the B24/25 target was going to contain any commercial hydrocarbons???
 
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