Oromin Explorations Ltd OLEPF

Otto reports on Argentina

[socalbernie]

Otto Energy just posted their Second Quarter Activities Report. Scroll down & click on the Second Quarter Activities Report & Cashflow Reports PDF dated 31/01/2007. The following is from page 4 (of 11): "The farmin is subject to the grant of the Santa Rosa Permit in accordance with the application. Otto understands that the Secretary of Energy in Buenos Aires has signed the licence Award file but the formal award remains pending. Preparations for drilling of the giant Santa Rosa Dome will follow immediately upon award. It is expected that 2 wells will be drilled on Santa Rosa within 6 months of licence award." https://www.asx.com.au/asx/research/CompanyInfoSearchResults.jsp?searchBy=asxCode&allinfo=&asxCode=oel Can anyone explain why it would take up to 6 months to prepare for 2 wells?