jocam9 Maybe a good opportunity to top up at these never to be repeated prices!
They started drilling on the 12th of December and say it should take 19 days for first drill. In 2004 I doubt if they will be less than twice this (as good a certainty as one can get with an oiler with a VERY low risk drill)
I suspect the drill is taking longer than normal is because they are drilling from a strategic position for the number of other drill following. These targets are on *excellent* 3D seismic maps which the GOM gives VERY high success rates to
PSA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
