(01-28-2014, 03:31 PM)vidon Wrote:My memory is that Hession clearly said Wahoo would be spudded in November, 2013 and made reference to Dave Holland in that comment.
Going back to second quarter reports in August, I've only seen references to fourth quarter and late fourth quarter, but what difference does it make? The entire exploration program was expanded and changed as I explained above, including Wahoo. What problems do you have with that? What do you think should have been done differently? Do you think you have enough information and expertise to even make such determinations? I think Thylacine's comments apply.
PS: I did finally find a projection of "I think ... we would be looking at a target date of sometime in November ... subject to weather and the normal difficulties of working with the PNG terrain", in the August Q2 cc, and at that point they were not even certain of the rig and were "looking at contracting a separate rig for this". However, that was not from Hession. It was a tentative projection from Dave Holland, when he was pressed for more detail by the MS analyst, who then indicated "late fourth quarter" in his published report. Looking at this as some promise from Hession, that should be a subject of serious criticism and complaint, after the entire exploration program was refinanced in a major way and comprehensively expanded and revamped, I think is ludicrous and indicative of an attitude that has become critical and negative to an unjustifiable and harmful degree. Disappointment is understandable; I share it, but not the former.