08-10-2013, 07:15 AM
Sure haven't had any drilling expenses. Actually, IOC crews are out doing seismics on OSH's dime. Maybe they aren't generating a lot of cash but they certainly aren't generating expenses.
Didn't we have a partner that paid us a bunch of cash and was going to start drilling around Triceratops this year? Complete silence from that sector tells me PPL 237 is in play with XOM. Might not play out, but that's about the only reason I can figure NOTHING is being done there by PRE or IOC other than running seismics for OSH.
The one bummer for me is how tired and unhappy a number of the directors looked going into their meetings before the AGM. They did not project "happy" body language. Since then of course we've had it confirmed by XOM all of the major issues have been agreed upon in the deal. Methinks Duma is the problem, refuses to get on board and fosters discontent among the locals. There is some reason why O'Neill though has yet to can him. You have to wonder why.
Didn't we have a partner that paid us a bunch of cash and was going to start drilling around Triceratops this year? Complete silence from that sector tells me PPL 237 is in play with XOM. Might not play out, but that's about the only reason I can figure NOTHING is being done there by PRE or IOC other than running seismics for OSH.
The one bummer for me is how tired and unhappy a number of the directors looked going into their meetings before the AGM. They did not project "happy" body language. Since then of course we've had it confirmed by XOM all of the major issues have been agreed upon in the deal. Methinks Duma is the problem, refuses to get on board and fosters discontent among the locals. There is some reason why O'Neill though has yet to can him. You have to wonder why.