Agree abuman!
LOL butch. I might forget to take profits at times but I never forget the stubby holder ! :)
As for Labeidna. Sure the sands might be thin at this location but I can't see the JV not appraising the find at the very least as I've mentioned.
Here's WPL's original Chinguetti announcement. Every discovery to date has had various sands of variable thicknesses. Haven't given up on Labeidna nor Merou myself !
"Woodside Petroleum Ltd, Operator of the Mauritania, Area B Joint Venture, reports that the Chinguetti-1 exploration well, located in offshore Mauritania, is currently running wireline logs after reaching a total depth of 2620 metres.
The well has intersected several oil bearing sandstones in the primary objective over a gross hydrocarbon interval of 86 metres. A shallower secondary objective contains gas bearing sandstones over a 7 metre interval. The logging and evaluation program is continuing."
Cheers,
xmagx
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Agree abuman!LOL butch. I might forget to take profits at times...
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