baukaw.... you actually read the same announcement that I have just been reading ?
Somehow I do not come to the same conclusions as you.
If you had followed the drilling of Jumonville #1 well you would be aware that they struck problems down about 12,000 feet there and had to go back and do a side track. Which they did successfully and now have a producing well.
This setback is a problem that can happen when you are down at that depth despite all the due care and effort.
" Marg Vag is garbage " On what basis do you make that assertion ? You may be correct. But then again until we get the results of the sidewall cores we will not know definitely. They suggest that the interval is approximately 30 feet with oil and gas shows. Now 30 feet sounds promising. If it is correct then their comment could well be more correct than yours.
GGP Price at posting:
8.6¢ Sentiment: Hold Disclosure: Not Held