new announcment coming now.., page-16

Thanks for clearing that up Juniuor.

Then i believe they've sourced new swabbing cups after the abrasive tubing damaged the last set. I can only hope they've thought of a way to deal with it when using this new gear.

I spoke to Dennis last year before the drilling program started, when I asked him about Nuevo Malolos, he said they would like to think they could use the pad and what they can of the well, to drill off directionally into the Malolos reserve.

So yes, we'd hopefully have a 'lower' cost second well coming online soon after Malolos-1 is proved commercial.


Plus, they still have plans for a 3rd wildcat. But I have a feeling they will get some more seismic on the Malolos reserve and target this also as part of the 3rd drill. It will then be part of the reserve estimates, P1, P2 etc.