drilling program, page-3

At the last meeting the Directors indicated they had made contingency plans re another rig. It just that the WSP rig is a much cheaper option for the company. If the current WSP effort fails (we should really have a progress report on Reids today or tomorrow) then they would move fairly quickly I suspect to get this alternative rig onto the Cooper patch. Agree 2.5mmbls would put EBR in the 20-24c range according to my calcs. ADX of course do better.
Just getting a bit tired of waiting for some action on any of the projects. Still a good buy though.
fc