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I for my part found the reporting very good - straight forward,...

  1. 75 Posts.
    I for my part found the reporting very good - straight forward, concise and timely. Weekly updates to report on progress in the well, and then changed to daily when in the reservoir. What more could we have expected?

    We drilled to TD, we couldn't test because of equipment failure, but we have wireline logs which need to be analysed. Now we are out of the wellbore, and until such time that samples are analysed and data integrated into models, there is nothing to report on.

    My take from the last report was that the top section of the reservoir is viewed with optimism. The oilshows further down might be in reservoir with lesser quality? Only time will tell - and good things take time.

    For disclosure, I sold out most of my shares and now only have a few left. Might buy back in at a lower level. It might not go my way, but it is all about risk management. These days I rather sell out on a profit than wait for the 500% profit which may never happen ...

    All my opinion, good luck to all.
 
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