I thought LSE had taken this board off the site, so haven't bothered looking in for a couple of months. It ain't over til it's over, as they say. The continued low oil price isn't helping things mind, but fingers and toes remain firmly crossed.
Seasons Greetings to all. You never know, 2016 may have a nice surprise in store :)
So here we are approaching the end of 2015 and MXP still has its super deep pre-salt drill bit embedded deeply in HIVorsoreass' ass with no info to be forthcoming. MXP did exactly what I told you they would do - they have gone into stealth mode since they are now not obligated to report anything. In fact they were snarky enough to tell you that they were going to go silent in a press release. Sir Thomas Randell, the Wordsmith of Crockingham, hath ridden off to another town now to sell somebody else's tonic to weary nighttime travelers. I must say that I called that perfectly. But, here is the irony chaps...if MXP had gotten through the salt and hit high pressure odoriferous sticky watery black gas at NUR1 (ivorsoreass is getting excited now as he reads my words), we would likely be in the same boat, or perhaps a similar looking boat. Why? Because nobody would be willing to pony up billions of pounds to develop the well in today's environment. So don't feel bad my matey-mates, though we might have had a chance to get out for some decent pence had NUR1 struck a sea of condensate, those of you laddie-lads who would have waited long term for your pot of gold would still likely have been harpooned by MXP's Moby-Dick.
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