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Re: 123wrc post# 255205

Thursday, 03/15/2012 12:42:17 PM

Thursday, March 15, 2012 12:42:17 PM

Post# of 361347
Where are you getting your information that "3 weeks ago the PS finalized a well in USAN field..."?

I have been waiting for an official notice from Total or partners that the well is complete. I figured they are still working on that well.

In any case, I tend to believe today's press release and Total will be starting to drill in Block 1 sometime in the next 2 weeks if they haven't already.

I will further speculate that Sinopec will borrow the PS either between the two drilling campaign's in Block 1 or right after the two are completed. This will likely cause the next significant spike in the share price IMHO.

only a fortnight away...lol