Post Courier =Total To Finalize Elk/Antelope Appriasals

[ArtM72]

IR states Total is saying the appraisal will finish this year and per the SPA within days we get paid . No decision on 7 yet . The speed of the Total drilling team at 6 is a reflection of their professionalism . If we drill 7 the team can drill within this year and in time for appraisal completion . Stavros is correct per the Total report the LNG pre works are full steam i.e. environmental , social etc. The most 7 could cost is $100 million and Interoil would owe only its percentage of the total . Costs vs last year are way down they have cut and cut again . Expect year end report second half of March . We have a new operator get used to it .

Our marvelous new operator overlookded the potential for drilling and flowing a new well could interfere with highly sensitive pressure measurements being taken in adjacent holes.

[Li'loilady]

IR states Total is saying the appraisal will finish this year and per the SPA within days we get paid . No decision on 7 yet . The speed of the Total drilling team at 6 is a reflection of their professionalism . If we drill 7 the team can drill within this year and in time for appraisal completion . Stavros is correct per the Total report the LNG pre works are full steam i.e. environmental , social etc. The most 7 could cost is $100 million and Interoil would owe only its percentage of the total . Costs vs last year are way down they have cut and cut again . Expect year end report second half of March . We have a new operator get used to it .

Our marvelous new operator overlookded the potential for drilling and flowing a new well could interfere with highly sensitive pressure measurements being taken in adjacent holes.

Or like Thy said on the A-6 thread:  "I think the strongest possibility is that they didn't want to hold off starting A-6 because of the presssure test and were planning an intermission for Ant-6 all along."

Or like this nitwit said (who probably has no business posting anyway):  "Might this "overlap" actually hasten things along?  A-6 stands ready for the next step.  Did Total prefer to be ready ahead of time – early rather than late?  Did they allow for unexpected complications in drilling A-6 but didn't encounter any (5 wks to res. top.)  Might it be reasonable, even realistic, to give Total the benefit of doubt on this?

I only know the answer to the last question."

[jft310]

Let's see which major oil company made more money year over year in 2015 ????Answer Total !!
No one else can say that ....Not Exxon etc.. These guys know what they are doing . We are in good hands with Total as partner .

[Brew Swillis]

Total's fiscal year ends 12/2016.  Could be they want to push the payment to year-end to have the flexibility to delay it until Q1/2017.

[jft310]

Brew
Simple call IR or wait for the call .

[Brew Swillis]

Brew Simple call IR or wait for the call .

That would be as big a waste of my time as replying to this message is.