Timber thats pretty awesome to see. You probably read it at the time but the Kris IPO document had quite a bit of good stuff on 105 and 120.
Kris had the same schedule for 105. I quized KC at the time and he said words to the effect: In the event Cua Lo is successful, there would need to be an indeterminate number of appraisal wells in order to prove commerciality I would guess that number would be between 1 and 3 additional wells, but just a guess at this point.
Kris also suggested they might have a look at the eastern section of 120 where the potential for China/Vietnam conflict exists. I quized KC on this and he suggested there were sufficient leads in the uncontested zone to keep everyone happy for a few years yet.
NEN Price at posting:
26.5¢ Sentiment: LT Buy Disclosure: Held
