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Re: balance_builder post# 5868

Sunday, 07/26/2009 11:30:59 AM

Sunday, July 26, 2009 11:30:59 AM

Post# of 10911
Balance- "The second and third drilling locations will be determined based upon the Kina-1 exploration results."

So it is pretty much a given that the rig will not sit idle for weeks waiting for the results to be analyzed ! They essentially know right away what they are dealing with and plan the next well location accordingly !! It would seem that companies taking even months to analyze drill results is all a part of the tight hole game !

I still think that Sinopec will break out an offer before drilling or shortly after but I guess we will soon know !
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