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.Could be the catalyst for a major swing in either direction.
Will OPEC increase or not????
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