OTE otis energy limited

Guys has anyone spoken to the company today as it is extremely...

  1. 6,422 Posts.
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    Guys has anyone spoken to the company today as it is extremely interesting why they did not comment on the following:-The well will drill ahead to 15,600 feet where 2,000 feet of 7 5/8 drilling liner may be set depending
    on well bore pressure encountered.
    Now last week they said they will put drill liner in depending on the well bore pressure. Today no comment on this? Yet they are at 15700 feet not 15600 feet. Thus does that mean there is no pressure and hence no liner being set? To me this is why it seems a concern.If they put in the drilling liner you would expect it would of been annouced and then would of been seen as a positive?!
    If I am wrong here then please let me know but that is why I feel the market is not liking the news. If we had clarification that would be awesome. In regards to testing the 4 zones well it hasnt happened yet but why did they previously mention the well bore pressure and then nothing?? Thoughts here of a constructive nature is appreciated.
 
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