how low can it go?, page-8

The only thing that has changed in the past 2 weeks is the that last of the perceived "blue sky" targets for this round of drilling was a dud, now 3 from 3 is a "poor" record, not worldwide, but for Mauritania.
At the Melbourne meeting it was stated that the Stena Tay would concentrate on development wells at Chinguetti, while this was happening the Technical Teams of the various JV partners would be evaluating and selecting the next "wildcats" which would commence in March.
Tiof appraisels would be continued, flow rates established before Christmas was the timeframe, then the rig would also join in the Chinguetti development.
The traders in for the quick ride on the programme are now out and no doubt stampeded some others into selling, I think time passes and drills become closer, and fresh news replaces the old.