RE:The Exploratory Arantes Big "E" Well...drunk@noon, I'm trying to make sense of what you posted regarding another sure-fire flop Big "E" well to go.
You stated that gas is easy to find in Colombia but that the CapEx of getting the gas to market is the problem.
After reading their Investor Update from September, which they are now updating and is no longer available on their website (I downloaded it), as you can see, there alreay exists "underutilized" infrastructure in place to bring the gas to market.
The Arantes well is going after a Natural Gas target and if it's as easy to find as you say, then we may see a successful well and not another sure-fire flop as you claim.
Anyway, we should get results in the next few weeks, or at least an update. As noted in the last webcast, they were getting ready to case the well and begin drilling the prospective zone. Fingers crossed, but as the CEO stated, they are not relying on success of Arantes for planned future growth either way. It would be a bonus.