GOG great artesian oil & gas limited

Nobody seems to know when the offshore well at EPP27 will be...

  1. 818 Posts.
    Nobody seems to know when the offshore well at EPP27 will be drilled. I've contacted the operator Oilex, but they dont know. All they can say is that they are in discussions with other operators to get the use of a semi-sub drilling rig. Oilex were at fault for booking a jack up rig when conditions in the Southern Ocean were not suitable. Gog didnt pay any attention to it either. In my opinion they were at fault as well. Consequently we are a long way down the road from when it was first announced, and I bought in. My beef is that gog promise to drill, but never actually do, and now in the last report its all "maybe" and "could", and more delays. I'm still not sure what the fund raising by rights issue was for. I've e-mailed them, but they wont answer.
 
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