savj,
i appreciate ctp's reasons for drilling blamore as an oil target and i have said that i am not complaining about it.
but IF blamore is a duster i think ctp should be encouraged enough by the coal intersection and the gas readings to make perdika cbm their primary focus for the next 6-12 months.
if they find oil whilst proving up the cbm resource then that is the bonus that we can all look forward to.
a 2nd rig could accelerate the cbm delineation if results warrant it and a 3rd rig can test helium, oil and gas.
too many oil dusters will have us diluted at 15c for quite some time.
at the moment it seems blamore has proved cbm is worthy of becoming the primary focus and the story that gets sold to the market.
these are just some thoughts about where i would like ctp to concentrate their funds over the next 6-12 months.
thanks for your input.
cheers
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