taza, page-2

3 more horizons to drill, the first was full of oil, no oil water contact, the field is 200 sq mile or km can't remember off hand, but it is big.

If the next 3 horizons come in and are full of oil, then up is the surely the only way for the share price to me. i have been surprised by the lack of interest in Taza. It has been over shadowed by the LNG plant and I know OSH only gets a share of the oil, the govt takes the rest, but it really does have potential to have a lot of oil, and it will flow, as indicated by the well control issues they had on the first well, and the multiple casing runs they have had to run on this well to keep it under control.
We will certainly know by next report, but who knows they may already be in the first formation top now, the share price may give us a hint early next week.
I was nice to get the full allotment of shares in the SPP. Just an added bonus I guess.