Hi CB,From my recollection, there was only the one well drilled...

  1. 656 Posts.
    lightbulb Created with Sketch. 101
    Hi CB,

    From my recollection, there was only the one well drilled - Tullainyo 2 well. They were supposed to drill a number of other wells but never proceeded.

    Tullainyo 1 well had been drilled by a previous company and was not part of the Call Energy/PCL/MPE consortium.

    That is what I am dirty on. Again from memory, there were enough funds to drill a second well (Tullainyo 3?) but I think too much money got diverted to consulting fees (OGH), directorships and some rather large travel expenses, forfeited money from part payments that were never completed.

    I wish they'd get that ugly mug off the top of the GFS site of Hotcopper - he has taken our dough and he is smirking at us!
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.