ER still not moved. I would expect it to mobilise on Monday at the latest , otherwise we will not start drilling till the middle of march at the earliest . We might get an RNS Pretty soon with an update
I found this today - BOR do plan on entering the drilling 2015 - can we expect - a 3rd Noble well with Noble, FOGL taking a share of BOR licence block???? With the reason for the delay of the 3D being these ongoing discussions.
“Our main commercial thrust has been to bring partners into our acreage. Discussions with companies continue, and our objective is to reach a conclusion so that we can participate in the 2015 Falkland Islands drilling program that has been announced by other companies operating in the Falkland Islands” said CEO Howard Obee.
He added that the conceptual well designs for an exploration and appraisal program with associated logistical planning is “in an advanced stage allowing us to join the consortium as soon as partnering and funding has been secured”.
Good news often works its way into the share price before the official announcement, despite the illegality of insider deals. The price has just dropped 4.5% so I would guess that good news is not on the horizon yet?
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