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Re: emdyal post# 260469

Monday, 06/25/2012 11:16:42 PM

Monday, June 25, 2012 11:16:42 PM

Post# of 363235
OBO-1 was a non-commercial discovery for the partners involved. It was NOT a discovery. They sold out and went home. As I said before discoveries are usually announced relatively quickly and bad news is usually delayed. I think we saw that with OBO-1 and I think we saw it on our wells too. You do know that what you just posted was from the last drilling correct?

Also as I said before, I don't think enough time has passed to judge yet. But having this drag out for months would NOT be good news IMO.