In essence the results due are from a production
well not an exploration well. They are drilling in to a producing reservoir which they said themselves had the best oil and gas shows so far
yet there still seems to the same nervousnees from punters if this was a wildcat into a new area with investors not knowing if its a duster or a gusher. Seems incredible that its been sold way down on lack of news, l think it goes back to
mentality we all had when they where starting drilling and not an inkling of whats down in the ground because surely after the last up date it would leave you in no doubt that they weren't going to bring up oil. Even if its only 600 bopd
thats still 22 mil US a year to JV and l could put up with 20 of those. We all talk about reratings and where cvn will go but with type of nervousness before basically a production well result coming out the rerating muched talked about is a fair way off and Sp swings are here until that thoughts of every well being a wildcat are gone.
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