RE: Price manipulation?16 Nov 2022 10:38
....and before trolls jump on the losses as being bad.......!
"The Company drilled the naturally fractured 600m vertical section of the Middle Eocene in the Patardzeuli Oil Field with total losses of drilling fluid, a drilling technique not previously employed in Georgia. This technique was used deliberately to avoid wellbore damage from Lost Circulation Material. During drilling, high losses (cumulative of 45,000 bbls of fluid) were recorded, which is a positive indicator of highly transmissible natural fractures. During the staged testing programme, both oil and gas have been produced to the surface."
All the best (from the RNS.......! :()