I hope spoke to our ceo, on clearing some of the issues i have. Naturally he can not say much except for whats in the announcements released to market, but did give me some figures on drilling of the deeper wells of between $30 and $40m. As it is a big investment he said the company will have to check and recheck every prospect and analyze which prospect is the best fit for company. They are always looking at proposals submitted to the company, and he cant rule out anything, that includes purchasing another producing field, jv, farm ins etc.
He did acknowledge there is not much drilling happening in the next 6 months, which i found disappointing. But the company isn't falling asleep just analyzing the prospects more closely and concentrating on the golac production
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I hope spoke to our ceo, on clearing some of the issues i have....
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