NZ Oil & Gas (NZO)

[Unicorn]

On the 4th Dez 2009 we received an update on Kupe stating that production will be bedded down within a couple of month. After more than 3 month we do not appear to have any confirmation. What's going on???

There was an update in the last Quarterly Activities Report. The commissioning phase was progressing well and the official opening was expected in mid-March. I would expect another announcement from the company in the next week or two. If the plant is ready for permanent production this month, then that would be a pretty good achievement.

Digger, NOG time seems to have been largely consigned to the past. Perhaps Gordon Ward borrowed it for PRC.

[Nitaa]

Perhaps Gordon Ward borrowed it for PRC.

and with interest.

[manxman]

Hi all. Been sidelined but will watch with interest over the coming months

Nice to see you back - especially that avatar

[Arbitrage]

Has anyone heard how the drilling is going?

[Logen Ninefingers]

I read that the Hoki results should be known 3 weeks after the commencement of the drilling.

[manxman]

I read that the Hoki results should be known 3 weeks after the commencement of the drilling.

And the result will be that hydrocarbons will be found and it will take three more drills over two years to determine whether there is a commercially viable structure. Thats the good side. It might be a dry hole, in which case three weeks will do the job. There hasn't been a gusher since before Doris Day became a virgin.

[the machine]

no

weekly report will be out within 7 days

m

[dsurf]

no

weekly report will be out within 7 days

m

M - thanks for factual informative posts

[J R Ewing]

Is that seven days GMT or NOG time?

[Logen Ninefingers]

Won't the report after 7 days just state where they are at in terms of the drilling depth? In that case it won't be information of any consequence in terms of: is this well dry or not. It would be the actual outcome of the drilling the would interest most people I would guess.