rumor update from "Eye in the Sky" In case you're interested in the latest rumor update, from the source of the rumor from 7/13 I just posted about as being highly accurate, here you go (go to the end for the latest rumors):
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EITS posts
HEADS UP FROM SOMALIA
Tue Jul 10, 2012 10:09 am
I have had confirmation from a source in somalia that we have had intermittent oil shows from 1900 metres.
as we are at the mercy of our canadian brothers so i expect strong buying pressure within the next week or so until they release information.
the pieces of the puzzle are forming together
Eye in the Sky
Re: HEADS UP FROM SOMALIA
Tue Jul 10, 2012 10:17 am
lets just see what Horn release.
excellent shows at 1900m have been very encouraging.
I am certain buying pressure will clarify this in the very near future.
Eye in the Sky
Re: HEADS UP FROM SOMALIA
Tue Jul 10, 2012 10:18 am
Just wait and see.
londonz wrote:
> and "Eye in the Sky" poster just joined today and this was his
> first post. so fake and failed ramp...
Eye in the Sky
Re: HEADS UP FROM SOMALIA
Tue Jul 10, 2012 6:03 pm
By the way, word from the rig is that they are giving this drill a 70-80% chance of success. Things are looking good...
Eye in the Sky
Re: HEADS UP FROM SOMALIA
Thu Jul 12, 2012 2:55 pm
An update from the rig:
Due to the positive shows that we have had so far we are currently running casing down to 1920 meters in order to ensure that well integrity is secure before continuing drilling into the target zones.
Not sure how long this will take but will keep you updated when I hear more.
Eye in the Sky
Re: HEADS UP FROM SOMALIA
Thu Jul 12, 2012 3:19 pm
Lundin - What posts about 87m net pay on other boards - can you give me links or repost it here.
I have heard nothing like this so far and it strike me as being BS BB rumors (yes I get the irony). I will enquire about it though if you can show me what have been said.
Eye in the Sky
Re: HEADS UP FROM SOMALIA
Thu Jul 12, 2012 3:37 pm
Give me til Monday to get some rig photos and then we'll see whose talking utter bollks.
Eye in the Sky
Re: HEADS UP FROM SOMALIA
Fri Jul 13, 2012 8:39 am
Lundininvestor - That story on iii is nonsense. Yesterday morning we had not moved past 1920m. However, since then we have recommenced drilling and are now at 1967m with oil shows all the way down. It's looking good.
dog
Re: HEADS UP FROM SOMALIA
Fri Jul 13, 2012 8:46 am
Eye in the Sky - can you confirm then that these oil shows exist [so far] for 47m or more?
"Yesterday morning we had not moved past 1920m. However, since then we have recommenced drilling and are now at 1967m with oil shows all the way down."
Eye in the Sky
Re: HEADS UP FROM SOMALIA
Fri Jul 13, 2012 8:50 am
Dog - Yes.
dog
Re: HEADS UP FROM SOMALIA
Fri Jul 13, 2012 8:57 am
Yes 47m
or
Yes more than 47m
Eye in the Sky wrote:
> Dogs - Yes.
Eye in the Sky
Re: HEADS UP FROM SOMALIA
Fri Jul 13, 2012 9:02 am
dog - more.
Re: HEADS UP FROM SOMALIA
Fri Jul 13, 2012 9:08 am
wrighty / SASP - You can believe what I say or not, I don't care. I understand and appreciate why you have doubts but am not going to conduct a Q&A session to make people feel better. I will post information here and it is up to you what you do with it.
The only thing that will prove me right is time.
Re: HEADS UP FROM SOMALIA
Sat Jul 14, 2012 1:30 pm
In response to HOA - Can't give you any gross or net pay figures just yet as it is too early for them.
Open hole testing is being run over the weekend.
Re: HEADS UP FROM SOMALIA
Tue Jul 17, 2012 9:03 am
Sorry, still no pictures but I should have them soon.
In other news from Puntland: the open hole test is still ongoing. There was a mechanical problem so flow test will not start until tonight.
That's your lot for now.
Eye in the Sky
Re: HEADS UP FROM SOMALIA
Wed Jul 18, 2012 3:20 pm
Shabeel update:
Mechanical issues have caused delays over the last two days. Two 9 5/8" packers failed to set but fortunately the third did - well done the logistics boys as normally a well would only carry two.
As of this morning the packer had set and jet pumpi
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