'Bevo' pid='50051' datel Wrote:I know the companies position on news&info has been discussed Ad Nauseum but here is a reply to an email I sent to Meg yesterday, "Also, we understand your concerns regarding the delay in obtaining drill results. InterOil is also very keen to get the results for these wells.We would like to reassure you that InterOil’s disciplined approach to disclosure is to immediately disclose any material information to the market as soon as it is available. On the 16th September, we announced the spudding of Antelope-4 and we expect the spudding of Antelope-5 to happen later this year.At this point in time we have no new material information regarding Bobcat-1 and Raptor-1. We continue to operate these wells and will announce any material information as soon as it is available."
hope this helps!
Thanks, Bevo. That is helpful.
The message negates the speculation that management is withholding information for strategic reasons.
There is no referrence to drilling continuing.
"InterOil is also very keen to get the results for these wells." Sounds to me like IOC is waiting for results of logging and testing by a third party.
We should hear something from the company by the end of the month, even if results are still not available. There was a commitment by Hession which shouldn't be left hanging.


