Rory is presenting at The Oil Barrel in London atm.
Reports from some holders attending below.
No more OKAP!
'Just a brief few lines of what i noted down. 12 rigs - 6 drill / 6 production. Fleet valued at $25m. 4 are drilling, 2 in matienance. Plans to drill 175 new wells in the next 3-4 years. Each well costs roughly $100k. Diversement - Georgia & Texas still ongoing. Columbia and Guat awaiting well results before maiking a decision. Putland is staying and he is excited about this oppotunity. Drilling- Well results in the South Quarry are very exciting Targets - Double production by year end, minimum 1000bopd. He also said that he hopes for more, but he is not putting targets out that we can not meet like previous managment. Also wishes to drill 2 exploration wells within the next year. Costs- Cutting G&A by 1/3 to 1/2 and complete diversements. All in all Rory was quite churpy and seems very encouraged by what is going on.' thanks for youngbuck on lse for sharing
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