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Re: emdyal post# 181205

Friday, 10/02/2009 1:26:25 PM

Friday, October 02, 2009 1:26:25 PM

Post# of 362034
Not necessarily so, They may know that nothing is going to happen soon. I don't think Addix would have contracted for four wells if the proposed buyout could have been made on less data. JDZ contract says that block 2 and 3 will have one test well drilled by next summer and block 4 will have two. Why drill two more at $600,000 per day unless they are proof of concept.
I think where they drill the last two wells will be very informative. Has anyone seen anything about the location of the last two wells? Kina South?