Could somebody clear up a point made by afawcett.
"Let’s hope they butter us up with some nice presentations and resource figures given results so far".
My reading of todays announcement is there are no new results due at all?
"The Alameda-1 well was safely contained once attempts to conduct early and short
tests of the deeper oil intervals encountered could not be done effectively using the
current well design and condition". i.e - we don't know the quality or API of the oil?
My understanding is the next activity will be at the end of May?
"Preparations underway for relocation of drilling rig and camp to Zapato-1. Drilling
operations forecast to commence last week of May 2022"
Other than a new planning stage and an end of May drilling, from my reading there is no new definitive reports on the current discoveries, oil API or pressure test results.
"Plans for the effective testing of these significant oil
intervals are being reviewed in light of the high formation pressures encountered there"
Am i reading this correctly, can anyone shed light on if there is anything other than what's listed above
due in the immediate term?
Could somebody clear up a point made by afawcett. "Let’s hope...
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