Agree - they were never going to drill it IMHO anyway - nice excuse. hope there is no legal ramifications for non committal of $$.
Bad news though at midnight on a Friday - pretty pathetic - and does not give confidence that people like oex/ppp can just face up to bad news, deal with it and move on - silly little games of late notice out of market are just that.
Taking far too long to now drill Cambay or at least update market and with the above in mind one feels that not all is going well with Cambay either.
OEX Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held