Hi oscarwon ,
P-1 was a success, to say its a failure is total nonsense Not fully testing a well does not mean a failure ,they have stated that it is a significant find and believe with the data already in hand that it will be capable of producing ,add to that the P-2 well to be drilled after kt1 adds to the great success of p1 $400,000 * 70 thats 28 million dollars to be spent on a dud (I DON T THINK SO)AND THAT IS JUST THE RIG NOT SUPPORT VESSELS STAFF COSTS ETC.
The ceo of cop and hoskings would be in serious trouble if they were misleading the shareholders . COP said we will hear alot more on posiedon and hoskings stated we will have equal or more resources then Hess IN 6-8 MONTHS and that is only possible with posiedon being a winner .
i hope you get on board again at a good price but as i said originally when you sold out, getting in once they secure kt1 will be very hard at $9.00 ,if you want a substantial holding .
Hi oscarwon ,P-1 was a success, to say its a failure is total...
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