DrillMax is on its way with an ETA of 4 days and 5 hours, so should arrive at Samo Just after lunch on Sunday 21st Oct. If they Spud straight away we will get an ann first thing Monday morning on the 22 of October. If drilling only takes 11 to 15 day, then we will get the next ann around the 2 Nov on, could be a trading halt around the 2 rd or 3rd and over the weekend to do further testing and logging
These dates assumes everything going well and no issues, when they drilled FAN the first time they had major issues but this is not the first well DrillMax is drilling in the area.
So could be the beginning or end of November so really not that long to go, the recent two dry wells drilled in Namibia highlights how difficult it is to find oil.
Best of luck to all, rampers, traders, shorters and the long suffering LTH
Zip OFL
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