FAR 2.02% 48.5¢ far limited

OOO Fabulous thanks!! 28 days ahead ... says to me that we could...

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    OOO

    Fabulous thanks!! 28 days ahead ... says to me that we could see SNE drilling and flow testing results fairly soon. Not sure what they would regard as the start (mobilisation?) but on 2 November we heard that drilling had started ... so let's say 1 November start. Each of SNE-2 and SNE-3 were "planned" to take approximately 40 days to drill and 20 to test (around 60 each) .. so 120 days , plus say a 1-2 weeks for moving and setting up between drilling events = 28 February - 14 March. So 28 days ahead = approximately 14 February. So not far from finished now IMHO.

    The oil price is just crazy. I heard the other day that there is something like 80 times the volume of oil paper trades as there is actual oil in the market .... sheesh!!

    H
 
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