RIFT OIL, Drilling for Oil in Papua New Guinea

Hi Hp,

They will probably try and sneak them in as sells tomorrow the cheeky blighters.

Hyper,

Well hopefully tomorrow we'll get the news that we have been patiently waiting and accumulating for. A clear path to the development of potentially several hundred billion cubic feet of onshore gas. Gas isn't worth very much if you can't get it to market, RIFT are going to be telling us exactly how they are going to do it and what our rig is going to be doing. We have been patiently stagnating, now is the time for some action at last. If they clear up the uncertainty that exists tomorrow then 65% of a large gas find + 65% of a drill rig isn't priced in at £11m and we shall see some more vertical. Another early start for some!

Leeson,

Tell me about it, its hard work being retired! ;o) I can only get 1 1/2 hours for lunch and deciding what to eat can be a challenge. Its such a hard life on the wagon trail. Encountering a few injuns on the trail keeps us on our toes. Glad Mr Dead's wagon is near the front, he'll provide good cover with a wagon that loaded! ;o).

Regards,
Ed.