The troubles they are having is to be expected in this first well at a new exploration field. The results so far have spooked some investors of late but you cannot judge the potential of this program from these results.
The next 2 test are the primary targets and these should have far less difficulties. I remain very confident that we will have success in this first well Surha-1.
I expect Cambay spudding to be announced this week.
So much news ahead of us over 2008.
Some investors are prepared to wait and some may feel they can make money elsewhere.
Goodluck.
OEX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held