So what is the significance of the words in the latest Ann.:
"The well is still continuing progress to intersect the Dugas & Leblanc #1 well for kill operations pending Louisiana State Authorities decision which will depend on the success of the P&A at Dugas & Leblanc #1."
Does this mean that the decision to continue till the intersection and kill of the D&L-1 well is achieved, has been amde by the Louisiana Authorities?
OR
Will the Auth's allow the continuation of the "Relief Well" to achieve production - SUBJECT TO the effective control (kill??) of the D&L-1 well?
And when would they be in a position to make this decision?
GGP Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held