re: boom in canada.... 100% up
Drilling of 51 wells all up and most within 6 months. The following from their announcement in Dec about the drilling program.
51 Well Oil Programme The drilling programme will commence in January 2006 and operate continuously until at least July 2006. It will comprise 49 firm wells and 2 contingent wells. The wells will range from development and appraisal wells to near field exploration (NFE) wells. Initial drilling will commence with appraisal and development wells at the Mulberry Field and move on to NFE targets and other producing oil fields along the Endeavour- Mulberry-Talgeberry trend. The programme will commence with one rig but an additional rig will be added to the programme around the end of March, 2006.
I like it.
Cobby
DLS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
