RE:good points **********I would disagree with this statement from SheDrills.
CGX has made press releases in the past with regards to new hires and share based payments to its staff. If those are considered are "material events", then what the heck is a $100MM USD spud considered? Chop liver?
Let's be real, companies like Exxon and Chevron do not do blow by blow calls of their monthly operations because they have billions allocated each year to doing such activites. They also have credibility among massive pensions/retail investors and they disclose yearly operations during investor days. A single wells will not make or break the company. For CGX, its taken close to a decade to drill a new well. This is as significant as it gets for the company and much of its free capital is going into this well (heck, we still do not know how much CGX will need to give up to fund its remaining portion of the well).