GREY:PTVYF - Post by User
Comment by
johnboyltdon Jun 08, 2010 12:37pm
354 Views
Post# 17168870
RE: from the april 12 news release
RE: from the april 12 news releaseTalked to PR. Two problems, Petrobras pulled the rig as they needed it and after BP mess all companies with offshore permits in Brazil are having all permits reviewed. Permit for the current well , which is not offshore , appears to be on the way verbal OK but need to wait for permit. Rig is available testing shlould start fairly soon. Daren't say when, in case there is another delay and their credibility and stock price disappear.
JMHO
FWIW.