RE: 8x Average Volume Today
Here is part of an earlier news release. Maybe they know something about the interpretation of the Seismic Data and the plans for the upcoming drilling???
-- The Company's budget for 2010 is US$53.4 million, which includes the
cost of drilling the first appraisal well in the Pulkhana Block.
-- The Company has completed the planned acquisition of 250 km of 2D
seismic data in the Pulkhana Block. The seismic campaign was completed
on schedule and within budget. Processing and interpretation of the data
will be carried out over the next few months in preparation for
drilling. Seismic acquisition in Block K42 is expected to commence in
early May and will be followed by a seismic acquisition program in the
Arbat block.
-- The Company plans to spud its first well in the fourth quarter of 2010
in the Pulkhana Block and procurement activity for the same has
commenced.