Your quite right oil riches, it's an absolute disgrace that shareholders have not been updated on Georgia, to announce it in an RNS then nothing.....if things have changed then we should be informed, even if they stated it was due to the situation with RRL or similar.....but once again we are totally disrespected with nothing . Shocking . This drill is allegedly a month away...but nothing...
At the same time, Red Emperor is currently conducting a detailed review of the geological merits of the proposed obligation well in Block VIb, which is required to be drilled before March 2015. Whilst Red Emperor is to be free carried for this well, options to potentially fund the well in return for a larger equity share of Strait are being discussed.
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