Just an interesting read from fido over in advfn..
"Just to update with Tunisia. The well is currently drilling on from 1551m drilling down to 3000TD. If this well is declared commercial(which in my opinion is almost certain), then Dragon become operators and will fast track the development of this well and others on this license building it up as another production area as opposed to just this first well."
With from what I read there appears to be a surplus of rigs available in the area now, certainly Dragon will make haste obviously in more wells.
And If its BIG FLOW COMMERCIAL, what chance JKA will become a far more interesting stock with it being potentially a takeover target with so many prized tenaments in NE Africa.
Anyway for now , weeks away to touchdown at 3000 m and perhaps nice OIL news..
JKA Price at posting:
12.2¢ Sentiment: Buy Disclosure: Held
