Post by
Speculadoros on Oct 19, 2010 5:20am
Anyone know
When the seismic interpretations will be released? As per previous NR they were supposed to be ready by end of September?
Surely overdue by now?
Good to see price action indicating that they're gonna be good though.
Comment by
DrRadcliffe on Oct 19, 2010 3:34pm
The LFD contractor started the seismic work in the 2nd week of September, which is later than expected. The work will take 10 weeks to complete. Apparently LFD don't plan to spud the first well until March 2011 at the earliest now. If you want to know more, contact Shannon Knutson at Forbes.
Comment by
sumeroil on Oct 19, 2010 3:47pm
that's 3 month delay!......holy shiiit.
Comment by
Speculadoros on Oct 20, 2010 6:22am
Thank you Dr Radcliffe,I have sent an e-mail to Longford asking a few questions, let's see if they confirm your answer.rgds
Comment by
DrRadcliffe on Oct 20, 2010 4:47pm
Hi Speculadoros,You should get a reply from them - Forbes are pretty good when it comes to investor communications. I'm not too bothered by a 3 month delay, We won't have to wait too long for the seismic, and I reckon the results will be interesting. LFD is one of those stock you have to hold and forget about, if you know what I mean...