ok - I'll bite - two Texas wells are 70% thru, with good drilling rates, should be at TD within 10 days. Have not reached target depth yet. Good low risk/low(ish) potential wells.
Valentine - About a week from TD, depending on current activities which include running wireline logs on secondary (unexpected) target. Have not reached primary target yet. Hi value/hi(gher) risk than Texas plays. But recent reports are *very* positive.
So, if you were an optimist, you could say they have already struck, just waiting for confirmation.
If you were a pessimist, you would say nothing is confirmed yet. But it should be in the next 10 days, barring problems (like too much gas to keep drilling...)
The rig at Valentine is run by Arc - it is owner/operated.
There is plenty of material around the web to confirm all this, including the potential for a 20 bagger from Valentines.
cheers
MD
multi bagger x 20 , page-24
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