The second seismic aquisation was completed in May. The CEO than promised a completion of te interpretation by mid July. Once could think that there has been a deliberate delay to release the drilling decisions until the civil unrest has calmed.
We are now expecting a drilling decision by the end of this month. CIG is still looking for a farm-in partner. Lets remain hopefull that we will hear a drilling commitment by the end of this month.
Best wishes: KM
CIG Price at posting:
8.0¢ Sentiment: Hold Disclosure: Held