I did complain that we have been left with more questions than answers after the board spill, but he obviously wasn't going to say anything to my suggestion that ESG wanted to move to re-acquire OIP or that drilling had been delayed to allow a cheap takeover. He chose to address that question simply by explaining that the seismic was needed before drilling in PEL 6.
I am perfectly happy for OIP to remain independent through the drilling of the 2 PEL 6 wells and to be re-acquired by ESG after that. We will see what happens.
H
OIP Price at posting:
14.5¢ Sentiment: LT Buy Disclosure: Held
