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Friday, 01/05/2018 7:56:46 PM

Friday, January 05, 2018 7:56:46 PM

Post# of 54203
Hello All. A very interesting PR. I've never seen a drilling update like this one in recent memory. The wording in my opinion seems to underscore a couple of things, all positive. 1. They want to maximize as much as possible, the confirmed oil producing zones they've encountered, already significant, to include another to increase even further the commercial viability of all the work they've done. Albeit, they needed to drill a bit further and effectively delay the TD another week or so. 2. No oil company with any common sense would waste time drilling deeper from the original target depth, unless, they are so confident that a bigger payout is ahead that it would make the effort more than worth the trouble. Bringing in the Israeli Oil Commissioner gives credence to the overall favorable proceedings IMHO.
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