PCL 0.00% 1.6¢ pancontinental energy nl

Chillout, Relax & Wait

  1. 622 Posts.
    lightbulb Created with Sketch. 47
    All the people going down rabbit holes need to check themselves...
    Just wait for the Ann on Monday or Tuesday morning. I get it, your money is on the line, but there is nothing out there so far which indicates for or against a successful well.

    Timing of TH -
    ==================
    Yes, its earlier than expected, but that does not mean it is doom and gloom. For example FAR's SNE-5 finished 17 Days ahead of schedule.

    FAR also had multiple TH's (FAN-1) on a friday with it scheduled to be lifted on a tuesday. This accommodated the JV partners who resided in other timezones (CNE & Connoco Philips)

    So thats not unheard of, and is not a sign of a dry hole or problem.

    Terminology used in the TH
    =====================
    The fact that the term "issue" was use in the TH means 5/6 of F**-all. It means nothing. They needed a word to refer to the activity related to the trading halt. "Issues" aren't always negative.

    Sell orders placed at ~ 3c
    =====================
    People getting prime position in case they need it. They same person probally put a buy order in at 1.2c to cover themselves.

    All IMHO I think we will get some oil. GL All
 
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