MOS 0.00% 16.5¢ mosaic oil nl

forward drilling program

  1. 1,055 Posts.
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    The graphic on P18 of the 19th May Investor Presentation shows 5 wells to be drilled in 2010 and 10 wells per year from 2011 -2014.
    That's 45 new wells in 54 months (commencing from 1st July 2010).
    Putting it another way, an average of 1 new well to be drilled every 5 weeks for the next four and a half years commencing from July 1st this year.
    I dont believe it, but it would be good if it's true!
 
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