Why would you look for oil in a region which is largely gas plays?? The more you think about it the more it doesn't make sense. If this drill was about proving up Hawkeye to further underpin Cinco then why risk drilling it in a location where gas depth is likely to be marginal, surely you nail the gas and then follow up for any signs of oil?? I'm starting to think there were other motives which applied to this drill that maybe have nothing to do with oil and gas... Not sure what to expect next, other than the unexpected..
Prob time for me to sell up and move onto something else otherwise I can see this being a very long painful waiting game until Mr Bandy shows his hand. Last Friday afternoon around 12pm when the sp was nearing 4p will haunt me for a while yet :( Anyway it's been an exciting couple of months but worst case scenario did happen. Best of luck to those holding and seeing what happens
Bullocks to Bandy. No Pi were considered in this 5 million punt. The Makers made. As usual. Bandy had no plan B for three years. He sat back earning of a non existing Puntland and Goergia Shambles. Plan B was executed in the Placing. The sell of from 5.5p and finally the sell out Friday. All confirmed Saturday by pgtips (apolagies) in a leak. The mass exodus yesterday mopped up by Bandy and his merry crew. In a year or two Our friend Bandy will find another 15% farm in and "Bob's your Uncle ". Yes! Aim is a punt but not for some. Still Holding. Buy many Oilriches?
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