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TopHat

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Re: None

Monday, 12/04/2006 1:38:58 PM

Monday, December 04, 2006 1:38:58 PM

Post# of 28061
Personally (IMO) I think that everybody needs to chill.

I called and we are still in the 5,800' depth. Drilling is going slow and I forsee no PR until after the total depth of past 7,200 and deeper if they show oil at that depth. At that depth we could slow to 100' per day which is what happened at the Hardeman and was one of the reasons it took longer. (Look at the trouble and speculation this caused all because of the longer time it took. IMO, nothing good came of it, so I encourage us not to have a repeat performance.)

After this, we still have to get an independent reading of the hole and that could take a few days.

I don't expect anything for over a week at the best. Reality could be that it still is 2 weeks away for an official PR of the resutls. Till then, I am just waiting patiently.

All the hope/hype of PR's this week doesn't help the emotions and pointless/fruitless speculation on the board.

Hoping I am wrong time wise.


All of the opinions expressed here, inclusive of all my past, present or future post, are mine, and mine alone. The opinions expressed are not a buy or a sell recommendation. Do your own Due Diligence.

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