ITC impress energy limited

update nov., page-3

  1. 5,928 Posts.
    lightbulb Created with Sketch. 118
    247

    I sense your level of frustration.

    Yes the report was great but to be fair it just poses more questions which can only be answered by 3d and more drilling.

    2 sand bodies: Therefore the volumetric reserves offered only pertain to the known sands and not the new ones. You could safely deduce that we are up for further upgrades in reserves from this well alone.

    I think you are being a little unfair on the speed of getting S1 and S2 up and running. I think they have done well. It has only been a few months.S3 will be quicker now with surface facilities there.

    We all need to just take a sigh and chill pill. Patience rewards.

    We will have further news hopefully next week or the week after confirming the commencment of oil flows. 3-4 weeks later Tigercat will be online as well.

    We have a very big year coming up next year. As I have said all along this is an investment not a trade.

    In the word of the great WASA - patience required.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.