Oil exploration is a means, not an end. I have previously noted Al1 was a successful exploration well (sort of). That was not part of my current narrative. You may award points wherever you like but the 6 objectives of Al2 remain unfulfilled. 0 from 6 from Al1. These are the objectives as clearly enunciated by Mx, which serves to highlight the failures of Al1 to me. Whilst at awards don't forget Zapato, 3d, timing delays etc etc, but that was and is not part of my narrative. The inference is that you are content, if not pleased even by the outcomes from Al1. My view is that it failed on all outcomes other than finding oil. No complete logs from any pay, no samples, no cores no flow tests. You don't feel a need for improvement? Me, I will just stick to my scorecard, this helps me to see the wood through the trees, avoiding spin and BS.
MAY Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held
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