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Proselenes,
Matad has said in Feb RNS mid April to mid November for drilling season. And this was drilling WH In WESTERN Mongolia. In another RNS they said April to late November. All Matad has said about WESTERN Mongolia is that winters are "generally" milder. They didn't say "suitable all the way well into December" - what they said was generally milder. So don't state things as a fact unless you can back them up.
Why, oh why do you persist in saying that drill will take 25-30 days when they have stated 30-45 days.
By the way, what issues do you see delaying WH ?
If that’s the case why would the CEO say the rigs aren’t winterized and the drilling season in Mongolia is from November to April ? Why bring up the weather in the last RNS ? Why bring up the weather at all if they can operate in such extreme conditions.
Making it up as you go.
Sandytoes,
They posted a picture of an uncompleted site the same day they said in an RNS it was complete. I mean really - update your pic file !
Late October is a very late start to a drill that was supposed to spud in Sept. Hopefully, they will be able to pull it off.
Why so many multiple posts in the last 6 weeks on a daily basis re SL if you actually thought it was going to be duster and really was only a test drill ? You were certainly all gung ho on SL and now it appears you have changed your tune.
some examples : “Blocks 4 and 5 were the ones that BG were very interested in, the lack of a rig tender for Block XX could even be construed as positive for SL, Super Majors waiting in the wings on discovery, the CEO saying that SL was a favourite of BG, I would say it’s encouraging that SL-1 is first. Listen to the Mike Buck audio again, he says he likes to drill the most promising ones first “
You make it up as you go.
As for the Twitter photo - why post a “undated” photo of an uncompleted well site if they’ve just said it has been completed in an RNS.
The statement re rig certification “will not be completed before October” to me meant that it would not be ready in September. The fact that they didn’t sign the contract till 21 Nov for a drill that was supposed to occur 15 Sept shows how far of the mark they were.
As for Mike Buck cleaning things up - one drill so far, two drills cancelled and very late start for 4th drill doesn’t say much.
SL a “stratigraphic test drill” - this is something you’ve come up with since finding it was a duster. Strange.......if you thought “absolutely no surprise it was a duster” you would have posted so much about oil strikes and appraisal wells and farm ins for SL.