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23/06/08
10:38
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They must be confident that east wing well will flow commercially from the one well.
There was plenty of opportunity to drill another well at east wing.
Locals observed the rig undergoing maintenance in the area after it was released from the well site.
It could have easily been utilized at stand by rates ( which can be at a discount of up to 80%)
But it wasn't and they didn't....so the geo's must be confidant commercial gas/condensate imo.
Off shore is now only 8 to 10 weeks away .
Highly prospective imo.
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