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3.0¢ melbana energy limited

Great research and insight spitfire. I think yo may be on the...

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fred1

477 Posts.

19/09/18

20:45

Post #: 35710133
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Originally posted by Spitfire ↑

https://www.allaboutlean.com/cuba-economy-1/great-wall-drilling-122-cuba/
The rig from page 11 on our September preso extremely like GW122 to me..or very similar ..GWDC have I think 4-6 rigs in Cuba..
On our Preso , They have strategically pictured the rig to hide the rig name and parent company logo. ( CNPC)
The dog House and drill shack on the rig floor ( third of the way up the Derrick) most certainly have the rig name on it as per picture I have posted here of Great Wall 122 which is currently in Cuba.
The large sign on the front of the Derrick at Monkey board leve( 2 thirds of the way up the Derrick) also clearly has the rig name plus the Cnpc logo if the photo was taken from that angle.....but they have taken it from the rear to hide it...
Quick summary below of Cnpc drilling...
http://www.cnpc.com.cn/en/drilling/common_index.shtml.

Lots of clues in this new presentation on Cuba ( and indeed Beehive and Tassie shoals ) for those really looking .

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Great research and insight spitfire. I think yo may be on the money brother...

may start to look at buying some after a very long time on the sidelines.

Beehive is shaping really well and not to worried about the extension to drill first well.
but disappointed all the same.

MAY Price at posting: 2.1¢ Sentiment: None Disclosure: Held
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