to Jim GeorgeJim First, you are one of the most knowledgeable posters here and know a lot more than I do
By my count, you have asked 7 questions
They all make sense to me
Why not email those questions to the company?
Maybe they will answer or maybe they won't.
I am not sure whether some have already been answered
I expect that you believe these questions are typical and normally all oil other exploration companies answer such questions
Your seventh question: Why are they no longer drilling the 5-1 well and moving instead to the big anticlines?
I guess I read the NR different
I don't see where they said they will definitely (I read postponed) no longer drill 5-1
However I think it would make sense to move that to the best location with any new info that they get
It just seems to make sense to drill where there is the best chance to find oil and gas and so, if new information tells them to move the drill elsewhere, that to me is a good thing.
From a recent news release
"Extension of the phase two seismic program was also designed to delineate the full extension to the southeast of the Karoo Rift Basin. Timing for additional Rift Basin wells, including previously announced 5-1 well in the Rift Basin, is postponed until completion of the seismic, the eFTG program, a full sequence stratigraphic integrated interpretation and the resulting prospect ranking for the entire licence area."