Is that really you posting again? Any reason for you absence of late?
I agree that progress is slow with Milguy-1 although there may have been some "rain delays" .. that mysteriously didn't affect other drilling operations to the same extent. Whether or not this is a deliberate "go-slow" is debateable but the reality is that OIP DOES NOT report independently on ESG's drilling and so Milguy-1 results will not be released to the market until the time of the next ESG bimonthly expected around 2 March ... after the EGM! The go-slow that i have been more concerned about (and yes cynical) has been the non-appearnace of gas analysis data from all the previous 3 csg coreholes, and the fact that the Maules Creek prospect in PEL 427 that forms an extension of the Edgeroi gas field in PEL 238 has NOT been drilled and it wou;d have to be OIP's most "likely" prospect.
Now that the OIP EGM has been rescheduled I will be able to attend. I assume you will attend and if so it would be good to meet you. Perhaps we could get together beforehand if only briefly .. is that of interest? I will be asking plenty of questions but I have no illusions that the merger will be thwarted.
H
OIP Price at posting:
7.1¢ Sentiment: LT Buy Disclosure: Held
