good points **********.from the other board, 'shedrills' made some great points.... I emailed asking whether or not the well had been spud & if a PR announcement would be made at that time. This is their reply.... "Sorry, we cannot comment on that, since that information is not public at the moment. We release to the market whenever there is a material event happening, as soon as there is something to inform, we will do it promptly." So there you have it...a simple spud action is not material. A bit hitting the mud line does not add NPV to a company's assets. A bit drilling surface hole above potential pay zones doesn't prove anything. for the watchers who are crying about no PR regarding spud...why don't you google how many spud announcements $XOM, $CVX, $APA ect have made? MOST E&P companies DON'T share their every move...they only make high level announcements.....its almost funny to see posters on this board agonize about where the $$$ is coming from, why no spud pr etc etc etc......RELAX.....don't worry about things u have ZERO control over.....the pr (s) are coming, and when they do we will all be ALOT richer because we didn't sell out like clouder/catman at .30-.40 LOL