re: drilling update: mauritania..shame roc...shame So they have reached total depth. There was no significant oil shows in the drilling mud and no huge change in pressure as they entered the target area.
I have heard of wells cleaning up when already flowing but this does not sound promising at all but the market doesn't hate it?? No mention of coring to check why the CSEM was not up to scratch?
Have they missed the target and what other down hole tests are they doing?
The lack of market activity is a mystery to me unless they are rating the next drill as a shoe in for big numbers and have forgotten this in a blink of an eye. Will Londan react the same?
Seems all the big punters are comfortable to sit on their hands? Not even a sell down top shake out the stops and leveraged CFD's or warrants.
Can anyone help out with the type of structure Espadon-1.
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