Also, I came to know that they are looking for a rig to drill Allen Dome.
This should happen within the next few weeks and I know lot of punters are looking forward to it. MAD had a stellar run in that area and as I read they had bid for this but lost to titan on auction.
Getting good result in current drill will be nice, although the outlay of $275k is not big and the most we will lose if something goes wrong, thankfully to the drill strategy used. But who knows, the Midyett prospect has produced a lot of oil and expectations are high. This could make titan a producer in very short time. Hoping for the best as we need some luck as well.
-dc1234
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Also, I came to know that they are looking for a rig to drill...
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