The news on Nautical’ Kraken drill doing the rounds here is that they are ahead of schedule. No problems encountered and the weather is on their side, long-range weather forecasts are known to be favourable for the next 6 weeks that is to say no force 10’s on the horizon! Catcher news; negotiations re’ the next move/drills are thought to be at an advanced stage the likely hood of more drills to quantify the extent of the discovery and extent of the field have been penciled in for Oct’/Nov’ new site surveys recently acquired are thought to be very encouraging, expect the oip to increase. Nautical; 300p will be hit before Xmas
The Cladham drill is now thought to be completed. News this week if good should see Encores’s sp increase, lets face it we know it’s not a duster!! OIP is the key here!
Encore 100p/150p hit before Xmas.
Official News is out there winging its way to the market.