It's interesting you say that Disan. That was my initial read of the announcement. Not even we are pleased to advise...... Why I am a but pessimistic about this Ann is that this is an appraisal well so we already new hydrocarbons were present.
Like you Dusan at best I am nuetral and worst negative. We will all know soon enough. This doesn't change my view of the company however it would be much more comforting to know we have some additional oil reserves for a next 2-3 years.
As to the poster re ADX Ann, if you believe anything a company ann when directors sell during a supposed company making still, you have to have rocks in your head to believe what the company says. Taps management is the only reason I haven't chalked this up as sub commercial already. I am hoping unlike many oilers they are being conserative. I
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