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Morgan Stanley - Printable Version

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RE: Morgan Stanley - Palm - 10-05-2014

Me thinks MS made a mistake because IOC made a mistake in their Aug presentation. IOC stated in the presentation that Bobcat was approaching total depth. I think they probably meant target depth as I remember everyone's confusion surrounding cash calls etc that would be due with well completion. IOC has a bad history of gaffes in their presentations. I've always wondered who reviews these things before they go out. If that's what's happened, that's a pretty big 'un.


RE: Morgan Stanley - jft310 - 10-05-2014

As Stavros states worthy of an answer I conclude. At what depth are each of the wells. Eliminates any confusion


RE: Morgan Stanley - sageo - 10-06-2014

'Stavros' pid='50456' datel Wrote:

The Company knows the current depths and can inform shareholders of same. Not doing so is foolish because it causes the uncertainties we are seeing.

Planned total vertical depths are in the public domain:

+ Bobcat planned total vertical depth of 3,134 metres

+ Raptor planned total vertical depth of 4,500 metres

Stavros- Great to wake up on a Sunday morning and read your truthful but plain ,simple post. (I've always loved the "KISS" method of explaining something.) . It's like the old saying....." why say blah,blah when blah will do". The only change one might make is to capitalize your word' FOOLISH' . Enjoy your day! Good" hunting" to all.