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Trinidad Update – Rig 8 Spud

Highlights:

* Final inspections of Rig 8 complete - operations to spud the MD248 well
will now commence

* Four drill rigs, including Rig 8, now operational on the Morne Diablo Block
targeting multiple horizons; the Lower Forest formation (circa 1,000 ft.),
the Upper Cruse formation (circa 2,000 ft.) and the Middle & Lower Cruse
formations (circa 4,000 ft. and 6,500 ft. respectively).

* Once target depth is reached at the MD248 well (expected to take 6-8
weeks), Rig 8 will then be moved on to drill the first well primarily
targeting the deeper Herrera formation as well as both the Forest and Cruse
formations

Sorry, correct 6-8 weeks, mixed up with something else.

hmmm if this is the news that he wa going on about, I don't think it's inspirational enough. Another shorter version of Puntland, wait and hope for approx 2 months ! i hope he's got another one up his sleeve this week.

The selling this morning just shows the amount of investors that want out.

There will be very good/encouraging news coming to our investors near to the end of the week, this was on Monday!?..........What planet is PL on..........More to the point; what does he think good news is?

Investors are scratching their heads this morning.......Grrrrrrrrrrrrrrr

I think he is running to many companies 5 or 6 is it. This one needs a lot more input from him.

That was expected news 6 months ago ?

Maybe PL is out shopping for a new Top Hat, Rabbit and Wand!!!

I think we are looking for to much , the magic is drying up.

If that was the knock your socks off news, this is not going to move much in the next month. One for the shorters

ouch

PL does not help, market waiting for good update /news then he puts this out. Yesterdays gain wiped out. Needs a zip on that big mouth

We are heading to where Horn and Red Emperor went/are Monday/Tuesday........ A shorter's dream.

He is starting to wind me up.

I'll not be buying him a pint any time soon..........That's for sure............I think the saying goes something like........"Could not run a p... up in a brewery”?

What a leader..........Nearly worse than the BANK(s)?

MM's have dropped this this morning, atleast the buys are catching up with the huge selling this morning.

Whilst this share has always been less of a gamble than RMP it has always been just that - a gamble. Decided on just as risky a gamble at OPE instead! Still have a very small holding in RRL. Well, you never know PL may turn out to be a bonza bloke and a mate after all!

Enjoy your holiday 3M, forget the stock market for a couple of weeks!

Thanks kim, 2 weeks tomorrow, now that I have changed my flights to the right year!!!! The stock market has done my head in of late. Maybe I should go without the dam computer.

Ohhhh! Another two weeks of staring at the screen with your fingers crossed 3M!

Afraid it is everything crossed kim. A load of nonsense I have in my portfolio, wish I hadn't joined the Club and kept my money in a biscuit tin. No point in wishing just have the ride the Storm or as it stands these days Storms with very little blue anywhere to be seen. Blue sky in a couple of weeks and that will do me for now.