at the rate the sp is falling, it is almost close up shop time. West Mailisu #2 well may well have proved to be our last stand....I guess we can tick off the sale of Romanian Oil interests, for the quarter and maybe Mailisu III #6 might prove viable, anyone heard anything about the licenses? I can't believe after 5 years we still haven't find a commercial well. My wife has given up asking how CIG is doing....
March Quarter Plans ? Undertake a workover of Mailisu III #6 to remove stuck perforation guns and production test the well ? Finalise interpretation of the 2011 East Mailisu and Charvak seismic acquisition ? Promote farm-out of Kyrgyz projects, subject to licence renewals ? Sale of Romanian oil interests
CIG Price at posting:
4.0¢ Sentiment: LT Buy Disclosure: Held