when you drill a well you drill to completion not get to the crucial state and stop. Normally you state we have reached target and there is no hydrocarbon found i.e a duster and move on. What is the reason for suspending just drill that freaking well out and then affirm a duster or not. Is the rig rental due or something?
Now we have a few cases of halve done wells and our share price lingers. Incompetence is showing in AP. What the hell- that's two half done wells adding to the winter of discontent.
Alameda - we found oil but cant tell its API or if it flows Zapato - we haven't found oil and suspended the well but we don't call it a duster.
No wonder we are 5 cents because investors are confused if we have a duster or a gusher and it can go both ways in near future. It would be a traversy to sell low know only to find out in the future that 1) Alameda actually flows well 2) Zapato has a oil zone and 3) Beehive successful.Thats why I'm hanging on by my fingertips.
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