Just posted on raging bull from Jessechristoff.
Great email from IR
I am having problems logging on to IHUB, so if anyone can copy paste this there I would appreciate it. Basically good news if you all remember when I asked the question about if they could get all the oil out, well here is the answer;
RE: Shareholder with a question:
Date: Tue, 18 Jul 2006 12:32:44 -0700
Jesse,
Sorry for not getting back to you sooner. I was on with ORX, as I am planning a trip to the Clovelly property next Monday. I have been told the property/drilling is within the secured LOOP SPR (Louisiana Offshore Oil Port Strategic Petroleum Reserve) facility and need to be escorted, so no, shareholders cant visit without ORX. I don’t remember if it was you that asked me that.
But with questions about recoverable, the numbers anticipated are the recoverable numbers. I think you asked about some article relating to how much 10 barrels are recoverable last week.
Also, from speaking with ORX just a bit ago, they think we will hit the M sand Monday while I am there onsite, so it is quite exciting. He did mention we hit last night a small pocket of gas, but nothing to brag about. He said he doesn’t expect to see anything until we are at the m sand as that is where the 3d test indicated. We have had no problems with the rig other than for changing bits, its been as smooth as it can get. There was one spinner tongs that broke, they temporarily used chain tongs until a new spinner was brought to the rig, and it was replaced, but it didn’t affect anything.
I think your friend Brad, well he and you seem to ask the same questions, so I assume you know each other, got the same answer back. I just responded to him as well.
Mike
