ERHC Energy Inc (ERHE)

[Nightdaytrader]

Here's an example of Shell spudding Edinburgh well on March 15, 2022, then no news for last 4 months, until just recently, a couple of days ago, announcing it was dry and they are going to plug and abandon. So the point being, of course, these things take time.

ND9
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Shell to plug hotly awaited Edinburgh well after it comes up dry

A North Sea exploration well, previously tipped as one to watch, is to be plugged and abandoned (P&A) after coming up dry.

By Hamish Penman
08/07/2022, 9:15 am

https://www.energyvoice.com/oilandgas/north-sea/exploration-production/426070/shell-to-plug-hotly-awaited-edinburgh-well-after-it-comes-up-dry/