RE: Where we are and where we are not20 Sep 2021 13:38
As we are planning to drill in February, I'm sure all is in hand. The reforming of the ice roads now makes no difference to us and I'm sure there will be no takeover this year. I'm sure we will get an RNS soon about the rig, etc.
One of the things I like about the drill in 2022 is the fact we know for sure, there is a lot of proven light oil where we are drilling. It’s not just a case of drilling where we think there might be oil. First time we have able to do that.
It’s been very disappointing the last week but why all the fuss. We are in the traditional quiet period and normally it starts to build at the end of the year. We are in a much stronger position, debt free, oil in the ground with a FO due in about 6 months with a high COS. I remember when the SP was about 0.3p this time of year. So I’m going to just sit back and wait until next drilling season.