Agree Hellyeah We need :firm dates for Pel182 drilling to commence :a reliable proven rig and crew to do the drilling. :confirmation that the farminees still have enough cash to fund the 4 well program, especially considering budgeted costs will be higher now
When the MD was buying ON market around June 2006 during tax loss selling time, that was a bullish signal
The 14-09-06 off market trade announced today could be for various reasons and you have to ask why the other party is selling.
Feel a bit sorry for EBR. They had a good farminee funded drilling program (at least on paper) which has been largely stuffed up by WSP
EBR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held