Friday, May 1, 2015

MEDIA INTERVIEW WITH LGO'S CEO, NEIL RITSON

Here are a few key points which I picked up in the interview:

1) Drilling at the Goudron Field will be continuous and will carry on into 2016.
2) Current drilling is on Pad 4 with 3 wells. Pad 5 has already been constructed. 
3) Pads 6 and 7 will be constructed.
4) Hint of a second rig to hasten drilling.
5) More than 30% savings in turn around time, therefore drilling cost has been lowered significantly.

http://www.proactiveinvestors.co.uk/companies/stocktube/3724/lgo-energy-ceo-hints-at-continuous-drilling-campaign-3724.html

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