Wednesday, September 30, 2009 1:51:01 PM
Spoke with my JDA Source. Here is what was said:
*Drilling in JDZ Blocks 2 & 4 have occured without incident. Very positive.
*Drilling in Blocks 2 & 4 will be done within 2 weeks at which time Pathfinder rig will head to JDZ Block 3 and drill the LEMBA prospect.
*The JDA is "very optimistic and excited" about early results. He said the kinds of sands they have encountered in Blocks 2 & 4 drilling indicates they have hit Oil. That the Gas was on top in each and oil below.
*He said "things are looking up".
*I made the comment that it seems like early indications Blocks 2 & 4 drilling are much more successful than Block 1 Chevron OBO-1 drilling. He totally agreed.
*He said results will for certain be announced-released in 4th quarter this year, 2009. All 3 Blocks 2,3,4 will be announced.
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