Tudor Rose drill
The Jungle drums are begining to beat here. The whispers around those in the know are that (CAUTION it’s only whispers). Encore may be about to release some good news on Tudor Rose. The rumour is that they may have secured a rig from Transocean could be the 704 which is about to be released over the next week or so. Now remember the size of Tudor Rose and exactly what Encore are targeting. GREAT TIME TO GO THROUGH THE NUMBERS re’ Tudor Rose.
Get researching if they announce Tudor Rose drilling then they should climb right up!
Viva!
Dan
**Update** Rig acquired from sedco
From the EnCore website;
“EnCore have signed a Letter of Award with ADTI for the Sedco 704 rig to commence drilling an appraisal well on the Tudor Rose discovery in early Q4 2011.”
http://www.encoreoil.co.uk/pages/content/index.asp?PageID=106
i HAVE NO DOUBT THESE WILL FLY SIMPLY FOR SPUDDING A WELL
ROXI SIMPLY PUT THE DRILL BIT IN THE GROUND AND FLEW 40% LAST YEAR, BASED ON THIS AND NOTHING ELSE ALONE
MEANWHILE MXP ARE HITTING OIL ON ALMOST EVERY WELL IN 2011 9 TIMES SINCE MARCH, CANY YOU NAME ANY OTHER OILY WITH A BETTER SUCCESS RATE OVER THIS PERIOD?, WITH 3 RIGS GOING CONSTANTLY, AND DRILLING AS MANY HOLES AS POSSIBLE UNTIL THE 2013 EXPIRY. JACKPOT DEEPS START ON 31ST OCT, ANY OTHER OILY WOULD BE FLYING NOW WITH THE SUCCESS WE HAVE HAD, YET I PENCIL IN A 4% DROP WHEN WE SPUD THE DEEPS. INCREDIBLE SHARE
ALL THE POTENTIAL IN THE WORLD, BUT PEOPLE MORE INTERESTED IN 1200BOPD FROM MTA, OR DES, ROXI STYLE FLOW RATES. NEVER SEEN ANYTHING LIKE THIS. BEEN IN OIL GAME SINCE EARLY 83
MY FRIEND KEEPS SAYING THE MARKETS CAN REMAIN IRREATIONAL LONGER THAN YOU CAN STAY SOLVENT, HOW TRUE.
I WOULDNT BE FRUSTRATED ABOUT FALLING FROM 20P TO 10P IN 2011 IF WE HAD A BAD RUN OF DUSTERS, BUT WE ARE DOING THE BUSINESS. SICK OF PEOPLE COMING UP WITH THESE EXCUSES LIKE WE NEED, FLOW RATES, OR THE NEGATIVE MARKET, OR A HEADLINE DISCOVERY – I HAVE PROVED BEYOND DOUBT THESE CANNOT BE THE REASON FOR HOLDING THIS BACK, AS I HAVE SHOWN MANY PEOPLE OTHER SHARES, WITH THE SAME SO CALLED PROBLEMS HIGHLIGHTED BY THE SO CALLED EXPERTS, AND THEY STILL FLY DESPITE THEM. SO WHATS THE DEAL? SHOULD BE SIMPLY JUST SAY WE HAVE NO IDEA WITH MAX, ITS AN ENIGMA. DES WOULD CRAWL OVER BROKEN GLASS FOR JUST ONE STRIKE, WE HAVE 9 IN 6 MONTHS. AND I BET THE NEXT 3 WILL BE OIL SUCH IS THE SUCCESS NOW.WE ARE A VICTIM OF OUT OWN SUCCESS.