GREY:ENGFF - Post by User
Comment by
steadfaston Jul 24, 2010 3:23pm
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Post# 17294465
RE: something to read..
RE: something to read..Animal, thank you for sharing this article. Where did you find it?
Hopefully, the JV's of 1711 can fulfill Namibia wishes to be an oil producing country in the near
future. If only we can hear that there were trace of oil stains present in the core analysis, it would be
so helpful, then Nakor can re-enter Kunene #1 and find the bathtub of oil.
With Sintez Namibia declaring bankruptcy almost 2 yrs ago, supposedly leaving some suppliers
unpaid, I suspect Sintez Nakor will keep a tight lid on any positive news until they find the bath tub.
However,if they decide to re-enter I think it will be confirmation that they were very close to hitting
the oil and that the drill bit did break, or they surely would not have stopped. I think this will be what
the market is waiting for.