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After retracement today is strongly bouncing back. MACD is ready to cross over 0 ( bullish ) and share price now over 50 MA

Offshore Activity


EXPLORATION DRILLING


Operator:
ExxonMobil Exploration and Production Ireland (Offshore) Limited

Authorisation:
Petroleum Exploration Licence No. 3/04 (Frontier)

Blocks:
44/23

Activity:
Exploration drilling

Vessel Name/Call Sign:
Eirik Raude / C6QE7

Owned/Operated by:
Ocean Rig Global Chartering Inc.

Location:

Latitude: 51° 19’ 53.824” N; Longitude: 12 ° 27’ 29.603” W
(WGS84)

Start Date:
Late March 2013

Duration:
Approximately 90-120 days

Expected Completion:
July 2013

Comments:
The drilling operation will be supported by vessels operating out of the Port of Cork.

http://www.iooa.ie/offshore-activity-page.html

Barryroe CPR this week with farmout soon too! Rig en route from Las Palmas due at Dunquin circa 9/10th April.

Down to the wire on CPR RNS. Tomorrow or next Monday?

Well fairly muted reception to CPR figures which are "As expected".

At long last Dunquin drill is upon us!!!

Am I alone in thinking ExxonMobil will pounce on Providence if Dunquin comes in? Market doesnt seem interested at present...

28 days into Dunquin drill now. Exxon are fast drillers so could hit TD by time of June 6 AGM.

Will be at least end July before any news other then drilling progressing to schedule....

Ruth,Quicker than that. End June at worst. Exxon sold 4% to Atlantic Petroleum today to bring them to 25.5% of Dunquin.

Not that quick......

ExxonMobil Exploration and Production Ireland (Offshore) Limited (EMEPIOL) plan
to undertake exploratory drilling activities on the Dunquin North prospect within Irish Continental Shelf (ICS) Block 44/23. The primary objective of the 44/23-A
Exploration well is to test for the presence of a hydrocarbon accumulation within the prospect area. Drilling is planned to commence
during the second quarter (Q2) of 2013 using the Eirik Raude semi - submersible drilling rig, and is expected to take 90 – 120 days.
From Exxon
http://www.dcenr.gov.ie/NR/rdonlyres/C086F00C-4A31-4E0C-99F8-D10AB3D21FAC/0/DunquinEnvironmentalAssessment.pdf

End June or out come the tramps pants!

Bourbon vessel headed back to Aberdeen! Now that is interesting indeed....

Gotta to be getting close to TD now at Dunquin!

100K @ full ask. Time to start the samba?

not samba but that well known tune "rampety rampety ramp followed by dumpety dumpety dump"!

Not every day someone buys 100k here! drill could be much further down the road than market thinks as both operator and rig on this drill are noted for speedy drills.

yes like our dentist!

Hope this one dont hurt!

TD cant be far away with Big Trades starting up here at last!!!