This level is too cheap in my view. The zapato well was suspended so that they could reassess what was going on with the carbonates, the opholites and the seismic interpretation. The company is still probably waiting on the full suite of information from the logs to get a full grasp. Looks like new seismic may be required as I've been saying after the results at alameda-1.
Either way it's a bit like history repeating itself unfortunately, the fun part is that we can see how well Amistad flows. Back to the future with oil flow tests.
Hopefully the next announcement will be out soon once post well evaluation is complete. I'm also hoping on some more presentations or podcasts for clarity.
best of luck holders
May Train 5.8 cents express to 17 cents-stand clear please, page-8
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