Here we go again, bring it on, lol, another billion barrels, lol $$$ coming our way guys. What happened to the last 6 wells, mmm, interesting!!!!
After 6 wells drilled so far, that would give us well over 10 billion barrels of oil if we believe in all those RNS prior to every well drilled over the years, lol and sadly haven't flowed any yet. They have even included huge COS figures with this billion barrels plays, outstanding COS what are we waiting for lets drill!!
Now for the reality imo as I have absolutely no confidence in 88 what's so ever of finding and flowing oil...
I do fear that once we calculate and factor in the effect of using the 88 team and drilling team, imo the reality of this projected COS will probably go below 10% COS, going off all our previous drill attempts. I hope this 7th well doesn't end up like the other 6 wells imo.
PANR have to have total control if they end up being our FO, they have to run everything to do with this next well, if we have any chance of commercial oil flow being found imo.. 88 stay in the office. My advice 88 just sign the cheque book or issue billions of shares for this well and stay out of the decision process.. If they do this imo we have a chance to find the 10% left overs from the successful PANR highway play....
GLTA one has to have a laugh at some stage and don't take things so seriously!!! Buy low, sell before they 88 complete a drill is the game at play here, $$$$...
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