Pre content


Content bottom
Switch off smileys
List  Next  View thread
Respond     Vote up     Email to a friend     Neighbourhood Watch
Author dums     View Profile     Add to favourites     Ignore
Date posted 2006-12-21 12:13
Subject A little confused 
Votes for this Posting
I don' think the drilling update is particularly clear.
Did they side track the shallow play as well as their intent to side track the deeper play.
Noted the drill stem test in the first shallow play is a dud - but I guess they have yet to stem test the other 2 shallow plays? Or, have they ruled these out due to wetness/tightness - does this 'wetness/tightness' comment apply to all the shallow plays ...
Does the core sample relate to the shallow sidetrack (if there is one) - hence is the shallow play wet and tight, or, is the core taken from the 'top' of the deep play, hence the deep play may (in all liklehood) be wet and tight, but a second core sample is underway at the botton of the 800ft play.
Does the phrease 'unlikely to contain commercially recoverable hydrocarbons' relate to the shallow plays ... but not (yet at least) to the deep play.
Appreciate views as ever ...

Respond     Vote up     Email to a friend     Neighbourhood Watch
Switch off smileys
List  Next  View thread
The content of the messages posted represents the opinions of the author, and does not represent the opinions of Interactive Investor Trading Limited or its affiliates and has not been approved or issued by Interactive Investor Trading Limited. You should be aware that the other participants of the above discussion group are strangers to you and may make statements which may be misleading, deceptive or wrong. Please remember that the value of investments or income from them may go down as well as up and that the past performance of an investment is not a guide to its performance in the future.

The discussion boards on this site are intended to be an information sharing forum and is not intended to address your particular requirements. Whilst information provided on them can help with your investment research you need to consider carefully whether you should make (or refraining from making) investment or other decisions based on what you see without doing further research on investments you are interested in. Participating in this forum cannot be a substitute for obtaining advice from an appropriate expert independent adviser who takes into account your circumstances and specific investment needs in selected investments that are appropriate for you.

Discussion Board Terms & Conditions FCA'S FSA Market Abuse Fact Sheet

Bottom Leader Board Area