![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, January 27, 2015 9:44:01 AM
No confirmations can be done wrt to oil presence. There were so many dry wells. Why? Was the technology helpful? I guess not.
They have said 8 wells. Just look, they would drill 1 or 2 and find out they were wrong and suspend the drilling campaign.
They will come up and say wrong interpretations and need to re do seismic and blah blah blah..
If the company was so keen on oil production and proving reserves, they would have taken the last drill seriously.
They are just a joke!
Just be careful
Less margin for error with the low oil prices. Companies WILL pull the plug quicker
This has been a Public Service Announcement
FEATURED POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM
ECGI Holdings Targets $9.7 Billion Equestrian Apparel Market with Allon Brand Launch • ECGI • Jun 25, 2024 8:36 AM
Avant Technologies Addresses Progress on AI Supercomputer-Driven Data Centers • AVAI • Jun 25, 2024 8:00 AM
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM