E_AL
From today's RNS, 200+ft of sands!
This has confirmed an extensive sand body (200+ feet), an oil water contact (OWC) matching the regional expectation at 5270 ft true vertical depth subsea (TVDSS), and an important residual oil column below the OWC
I think we have seen bottom here folks. Only up from now, with reserves of 200mboe these prices are a bargain. This will close well into blue territory today and then up again from there. All the bad news is now factored in
Amazing herd mentality here, very rare for drill leaks. At this point on a couple of key geologists will know the status of the drill and I don't think they would risk losing their career or a criminal conviction by leaking news early
Try this
https://uk.finance.yahoo.com/quote/QC8.SG?.tsrc=applewf
The last well in Aug/Sept drilled 5400ft in 20 days, so this new well with a spud of 7th Nov I would expect results to be around 28th Nov, so not long now folks, but of course it depends on there being no problems with drilling.
Me to, I halved my share in jog a few weeks back and bought i3e, maybe sell out of i3e once drill results then full into jog again. No harm in reducing your risk when they drifting down, but see JOG as a 5 year investment