Maybe we will get an RNS soon saying that the drilling has been resumed on sunday june first and that TD1 has been achieved for the rest the tight hole regime is still in force.
If the drilling restarted yesterday, then it looks like hitting TD1 on Wednesday.
Looks to me that TD1 will be reached during next week
Smelly cancelled delas on the LSE today with TRP starting off at 7.30 am 780.000 shares at 2,90 whilst next delas going through at around 3,06, at 10.19 am 250.000 shares at 2,95 next delas 3.06. At 11.04 339.500 shares at 2,95 next delas 3.07, At 14.32 100.000 shares at 3.05 next deals around 2.90! Peak today at 3.20...
As far as I know ROSE did not have any strike at all, just reserve and economic statements comparable to TRP News from last year.
Shorters could have a feast up till the end of June; it is just really a decision for the shareholders to make with how many shares they will sit it out.
To me it is quite clear that we not should consider the current drill as a wildcat, because the área is under explored but not unexplored; data are available and supported by Repsols technology. If you want to talk about a success rate then I am in for more than 75%!
It is still early here in Brazil but I did enjoy your very good article Poetical interesting Reading! Thanks for putting it all together.
So by the looks of it Repsol being the operator has screwed up hole1 and it seems to be clear that the duster can see no competence in the whole operation which is aimed at finding oil and/or gás in a unique 4 way closure with 5 targets all in one go. Everybody is of course completely free to ventilate their opinions, and mine is that the situation is very well handled right from the RR into the boardrooms. Have a good weekend and bank Holiday!