Dana Petroleum, earning per share growth and prospective PE range 4 -6.5

Tgg,
Good to see you're back on advfn dnx thread.
Interested in your comments on the fool. Does liquid samples imply condensate or can it be dry gas? I notice none of the announcements have said whether the gas is dry or wet. The comments about no oil though would imply the gas is dry.
Personally I think it's most likely dry but any condensates at all in the crest of the structure could be good news.
I also noticed that Global Santa Fe are laying off workers from a North Sea rig. The amount of rigs stacked at present may be a factor in how much they will wish to appraise Pelican. All imho dyor.

regards bomfin