Well Russell Langusch (our new MD I understand) isn't in a meeting .. he just emailed me (instead of Dennis Morton whom I had sent an email). The essense of what he said in his reply was that the drilling in PEL 6 was delayed to allow completion and interpretation of new seismic from which the 2 prospective well sites have been identified, and that he hopes to "inject more activity into OIP". I am trying to find out when the AGM is to be.
H
OIP Price at posting:
15.5¢ Sentiment: LT Buy Disclosure: Held
