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If I wanted to get finance for Cadloe, I would unplug the well,...

  1. 1,190 Posts.
    If I wanted to get finance for Cadloe, I would unplug the well, get an expert in to recheck the oil is still there and that the natural flow is still good; then go shopping to the financiers and Oil conglomerates. To me, as a layman, that would take away a huge amount of the risk.

    Anyway maybe Cadloe being sealed up for 20 years is, in the geological sense, is just a minute in time.

    Playing golf tomorrow. The last time I did that Gunns went into a trading holt and never came out of it. I had endless nights of waking in cold sweat.
    Not looking forward to golf tomorrow.
 
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