Excuse me for correcting you wildy but drilling will not re-commence soon unless of course you mean towards the end of the year or January or February 2013.
9 Nov 2012 EIO released announcement stating
"Recommencement of drilling at the Agbaja Project postponed until end of December 2012, as Nigeria has experienced its wettest, wet season in 102 years
Still the company forgot to mention that Agbaja and surrounding areas were devastated by one of the biggest floods in the area in decades and some reports stated a century.
Jonathan Goodluck (Nigerian president) declared the floods a natural disaster.
EIO Price at posting:
30.5¢ Sentiment: None Disclosure: Not Held
