Yes, all looks very good - but when will the penny drop?
If it only were allowed to rise!Galoc 4
Drilling of the 8.5 inch horizontal hole for the Galoc 4 production well continued this
week and had reached a depth of 4,104 metres along hole (2,190 m.TVD.ss) by
Tuesday 4 December. The logging while drilling (LWD) results and cuttings analysis
from this well have been very encouraging and indicate good reservoir development
along the well track.
Will OPEC increase or not???? Could be the catalyst for a major swing in either direction.
galoc update looks good, page-2
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