Delays have happened, not much we can do about that. We all know Pl's timelines are out by a couple months ( delays were most likely out of ranges hands in relation to rmp). but the rig is in georgia now thats what counts - spudding roughly between 11-18th July, drilling will take 60 days ( I think I read somewhere there are 3 pay zones for the drill so hopefully we hear of some sort of discovery during the 60 day drill.
Puntland - delayed again surprise surprise, i dont think we'll see spudding by july27 when well the question is if it happens. i'm not yet convinced.
Trinidad - 100% range and there's talk could be bigger than georgia looking to start mild drills by early august, Herrara formation drill scheduled December.
Texas - rumours fraccing was a tremendous success, so we are eagerly awaiting results of this.
Folks fingers crossed for georgia!!! lets find that oil. Go rangers!! There is risk but lots of rewards.
nuff said
RRS Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held
