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PETROCELTIC (PCI):CHART AND DISCUSSION THREAD (moderated)

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super7 - Wed, 20 Dec 06 :

I assume flow rates just give an indication of easy the gas is to get out. Do I assume correctly that the reserve size is really what were after?

If so, why issue one without the other?

Going back to PCI's drill in tunisia, I think a lot of the criticism came from PCI stringing out the shareholders with somewhat misleading (but not inaccurate) RNS's ie We've found traces across a certain depth, were flow testing, then nothing for a month or so until issuing an RNS that they had suspended the well.

This time around, we seem to be getting the same flow of information in bit form. If there is any area that PCI need to up there game, it's on shareholder communication. They are crap at it!


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