Price wise, it feels to me a bit like we got bogged in the mud and have had about 15 goes at getting out without success and now we are at the helpless stage where we have started to believe that we won’t get out.
Zapato feels a bit like the object we are going to wedge under the wheel… and it we get traction (ie we find oil) we will catapult out of the mud so fast that everyone will be wearing neckbraces from the whiplash.
I’d rather not have to think of an analogy for if we don’t hit at Zapato… so here’s hoping we are all in neck braces this time next week.
Ann: Zapato-1ST Drilling Update, page-195
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