It seems they will definately stop the swabbing - Indo Pacific...

It seems they will definately stop the swabbing - Indo Pacific Announcement out overnight...

"Wellington, New Zealand – September 17, 2002-- /PRNewswire/

Indo-Pacific Energy Ltd. (OTCBB:INDOF) advises that swabbing of the
fracture zone in Huinga-1B (INDOF 12.3%) where oil indications were
observed during drilling, has continued during daylight hours over the
last week. The well has flowed at a good rate, producing a mixture of
drilling fluids and other material lost into the well, together with
some gas and possibly formation water. No oil has yet been produced,
although the total volume of fluids produced in the swabbing program so
far is only around 10% of the volume of fluids lost during drilling. On
restart of operations each morning, a limited volume of gas has been
flared from the wellhead. This burns with an orange-blue flame
indicating the presence of higher order hydrocarbons. The swabbing
program will be terminated shortly, the results assessed, and other
options to evaluate the well will be considered."

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I can't see them giving up yet but its certainly testing a lot of investors fortitude.