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Read the announcements, it looks like they are on the oil now...

  1. 295 Posts.
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    Read the announcements, it looks like they are on the oil now and are extending along it.......imho it appears they are there, so it's only a matter of completing the drill and they should have oil, then the development starts, that's my impression anyway - 30 metres of oil now, how far that stretchs I don't know, but they are drilling another 300m approx, interesting times very soon for FAR when you consider this oil is most likely unheadged to a current oil price of 70USD plus a barrel, nice money at a possible 1000 bls a day and then how many development wells?????? possibly at a similiar rate, looks good to me.
 
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