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A check of the ONGC website this morning reveals that the recent Invitations to Tender(ITT) in respect to CPO-5 have been removed from the list e.g. well testing. But all is not what it seems as I also looked last night and a tender had just been added for the provision of a drill rig for 2 wells in CPO-5, at the time didn't know if I should be angry or bust a gut laughing as the title of the invitation suggested that this time the request was for REAL wells, I think the word was "confirmed".
I think they've hastily removed that as it perhaps inadvertently suggested previous tender exercises where a farce, we all know what the reason for that might be.
The document was structured such I thought it a little incomplete so perhaps it was posted in error and we were not supposed to see that the programme is ready to kick off in earnest (after we've sold). Of course I could be completely wrong and the tender was for 2 additional wells, but the plan illustrating the road network was an area directly over Indico and had Aguila on it Sol-1 and Mariposa 1
IMO there is a p*ss take going on here, there is not a snowball in Hell's chance of Amerisur drilling 6 wells this year and based of similar previous years we'll be lucky to get 1. IMO our BoD are not providing price sensitive information in a timely manner as they are required to do - I think in the US misled shareholders can sue, not sure about UK.
They need to come clean with shareholders, they have a duty to inform the market, we should all be now getting angry as they appear to have downed tools - there is no evidence of any activity across the estate. At the very least there should be an update on Indico-2 as their previous announcements have misled shareholders IMO
Hopefully, the sales process will conclude with a deal, but they still have a job to do running the company, they're picking up wages and benefits and should look after our interests
Colonel - I'm usually quite a patient and tolerant person and rarely take offence - but for you as a thoroughly annoying chump that doesn't actually know what he is talking about when being unnecessarily rude - I 'll make an exception.
Though I should have no need to defend myself for what I posted, I've never deceived anyone or tried to do so, I'm not trying ramp or deramp, unlike your obvious approach since starting to post - You may not know, but I've posted on the same subject of drilling programmes being impossible in previous years and proven right when the BoD eventually came up with some BS excuses, I've already been through this you really don't know what you are talking about.
If you are accusing me of making up the activity on the ONGC website then you owe me an apology, I never make things up and present them as fact, if it's my opinion it clear to understand that's the case. You have the distinction of calling me a liar, a first on the BB. I have previously posted links and comments on some of the removed tenders to which I referred (I'm sure others will have seen them - that's clearly checkable, you have no reason to believe I made up the posted tender detail either except it doesn't tally with the narrative you are peddling - why else would you be so offended.
I say good things, I say bad about the company - I say it as I see it and you and others have often dislike that - wise up this is a forum for debate not glorifying the management and kidding yourselves everything is rosy.
You are truly ignorant and truly a disgrace to accuse me or anyone else of lying without any evidence - a doubt your ramping posts stand up to scrutiny.
Col - FYI. I've just taken a look for the tender elsewhere and found a version of it from elsewhere where they've not yet removed it - I don't know if it's exactly the same a I saw yesterday as it's not on the official website.
However, proves what I said was/is true, as it contains the header statement detail:
"Tender For Hiring Of Drilling Rig For Two Firm Wells At Llanos Basin In The Meta Department In Cpo5 Block, Colombia."
Note "Firm Wells", not pretend this time as I recalled without any access to the link at the time .
Don't bother with an apology, if you can't be arsed to do any research yourself think twice before accusing someone of lying in future - just carry on with your pointless ramping
https://www.tenderdetail.com/Indian-Tenders/TenderNotice/22165082/A0FB9D1D9D8EACD5CF6D624A9979FCAF
Shots fired! Do not mess with jointhedots
Bring in the artillery Colonel and maybe some tanks.