nucular, called to speak to David to clarify, he has gone to the US again, wont be back till next Tuesday.
he was only just over there doing an operational site vist at the end of September, this could be interesting, have hear a whisper around the traps that there may about to be new buyers from a US fund, perhaps an investor presentation visit??? suppose we will see in the next few weeks.
re the EOK South Scott#1-24 well, the announcement on 12/7/10 didnt mention anything about visible gas shows or strong presence of gas, if you look back over the previous drilling announcements this was always added in, perhaps it wasnt this time as David is holding an ace up his sleeve, EOK South also has oil????
the other interesting item on that announcement was "Logging is presently being undertaken by Halliburton, with completion operations to follow shortly"
going over heaps of other announcements since when have we used Halliburton for anything???
another point, the 20 BOPD figure, i wonder if this well has been fracture stimulated yet?? perhaps a higher flow than that in the future?
RFE Price at posting:
39.5¢ Sentiment: LT Buy Disclosure: Held
