Yes, nothing left to say. Let the drill bit do the talking from here on. As I have said before, I will be seriously pis@ed if this comes to nothing. It is not a wildcat. Should be a matter of how quantity, quality, is it commercial? Been drilled before crossing a fault, i.e. in the wrong place, and classified a 'discovery'. But we all know this O & G industry where disappointment seems to be the order of the day. Not that it is costing OXX but least it seems that so far there have not been any serious issues with the drill Will it be different this time, sure hope so!!
Anybody got any idea what is going on at Palta. Is the rig drilling? Secret squirrel stuff this. Perhaps they are logging, or drilling side tracks and just can't believe how big this is pushing Prelude into the background! Dream on!
OXX Price at posting:
20.0¢ Sentiment: None Disclosure: Held