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O&G Logging Question, page-7

  1. 13,025 Posts.
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    Hi elemental09 and hotkiwipav: Just a word of "warning": there are always EXCEPTIONS to the normal "rule" that companies go away quickly from an unsuccessful drill - the best (or rather worst) example in recent history has been the PALTA drilling.... check it out - unbelievable what happened there!!!
    But: Luckily, CAIRN does not have those very deep pockets that the MAJOR OILER had with PALTA and hence simply cannot "waste" that much money on "nothing" - at least that is my clear hope or rather solid expectation....
    What keeps me nervous, however, is the CNE.L shareprice staying low and flat instead of moving strongly upwards.
    wasa
 
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