A proposed drilling programme for commencement in 2009 will be put to the existing joint venture partners by the end of May 2009 with a decision at an OPCOM meeting to be held prior to the end of June."
& "...our planned intention is to use a conventional rig to drill 3-4 conventional wells and another CSG rig to drill 5-10 CSG wells simultaneously."
So we have BG initially doing 5 cored csg wells as operator
& concurrently CTP doing 3-4 conventional wells.
This could see BG with good results from the first couple of wells bring in another rig & expand to 10 wells in quick time imo.
3 Rigs with great prospects hmmm i wonder what the S/P would
be,no doubt ctpoa would be in the money imo.
What you say BB, lol in a down trend hehehe i think not.
This could be under discussion right now & JH could be telling us the good news in 2 weeks all imo.
I hold the faith after 3 years of waiting,so be patient not long to go now ctpers.
ps: it does pay to read anns more than once :)
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