GREY:PMGLF - Post by User
Post by
oilwatcher13on Nov 29, 2012 1:34pm
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Post# 20661384
Re: Drilling Results Someday?
Re: Drilling Results Someday? Waiting on this deadbeat management group to release some news on the mid-november drilling results highlighted in their last press release? Or did they over promise and under deliver once again? See exerpt from previous press release below!!
We are expecting near-term production additions from the following activities:
- Placing our Maya-1 well on production by mid-November;
- Drilling a side-track to our Macapay well targeting additional oil pay and adding additional production by mid-November;
- Drilling a high-impact prospect on our Guatiquia Block, Mapanare-1, that is targeting up to 15 million barrels of UPIIP by December 31st;
- Drilling our first horizontal development well on our Casimena Block, Mantis-HZ1, and placing on production by mid-November; and
- Drilling a side-track to our Gaita-1 exploration well to confirm the southern extension of our Yenac oil field and potentially adding production and reserves while expanding on our development drilling inventory by December 31.