agentm,
i think its a long shot that the jv's would spend another
$10mil drilling the hosston again.
i think they will concentrate on the upper formation, 4-10 % porosity is great, couchy wasn't far of with that score, did he mention a 100 wells yep hehehe.
this is only the beginning for sugarloaf.
oh yeah, did he say oil too, god this to much.
its a pity we didn't get t/d at n/taiton, WHEN they announce this well commercial i think the brakes will come off and plan another well straight away.
we have to know whats down the bottom don't we.!!
YEMEN well it just keeps getting better, has any one check out the size of the oil columns in the surrounding acreage.
if your a long term holder you would have to be happy wouldnt you?
mick
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