Santa Rosa
From what i have been able to piece together the rig is en route
it looks like oromin has contracted San Antonio Internacional to do the drilling and the rig is being moved overland to the drill pad it will take about 10 days to 2 weeks to assemble and ready the drill, it is a lot bigger than i thought .. i hope it needs to be big to handle all the oil flow we should be getting in a few weeks
i figure it will be late july early august and we should know what we have!
i think it will be a rig like this ..
here is the car i will buy if we hit
Now thats the best post I have seen in a while regarding accuracy…months given without years attached…..maybe late July 2010 the way they manage things….lucky we are all used to late performance and just accept and expect it…..
I thought Otto was going to do the drilling. If they’re not, why did we give them 40% of the project?
otto is paying for the drilling .. san antonio is the drilling company the jv hired to do the work..cheers
Nice Ferrari. What’s the model? Is this the one that over $milllion?
Good movement today on Oromin. Anyone have the depth?
Caliche:
Either you picked up a bunch more shares or you expect OLE to go a lot higher if you already have an order in on that Ferrari…
G1
Depth By Price
Bid
Orders Volume Price
1 2,500 1.05
1 2,500 1.03
4 14,500 1.00
1 2,500 0.99
1 2,500 0.98
Ask
Price Volume Orders
1.12 1,500 2
1.15 5,000 1
1.16 4,850 2
1.17 8,500 2
1.18 2,000 1…Depth to 10:06 Vancouver time.dsh
VANCOUVER, BRITISH COLUMBIA — (MARKET WIRE) — 07/08/09
Oromin Explorations Ltd. (“Oromin”) (TSX: OLE)(OTCBB: OLEPF) is pleased to report that the mobilization of the rig for drilling well OLE.MD.SREX2001 on the Santa Rosa Dome Petroleum Prospect is now under way. After spudding, it will take approximately 7 to 10 days to reach the target depth of approximately 1,300 metres to test the Conglomerate Violaceo, Barrancas, Potrerillos and Las Cabras formations. An announcement will be made when spudding commences.
The Santa Rosa Prospect is a 200 to 300 square kilometre shallow dome structure located within an approximate 7,600 square kilometre concession in the Cuyana Basin, Mendoza Province, Argentina.
The interest holders of the Santa Rosa license are now indirectly Oromin as to 67.52% and Otto Energy Limited of Perth, Australia as to 32.48%. Oromin is the project operator.
A National Instrument 51-101 compliant technical report on this prospect was filed on SEDAR on July 9, 2008 and is available at http://www.sedar.com.
To find out more about Oromin Explorations Ltd., visit http://www.oromin.com
News release out about SR.
http://finance.yahoo.com/news/Oromin-Explorations-Ltd-Drill-iw-821428150.html?x=0&.v=1
Oromin Explorations Ltd.: Drill Mobilization at Santa Rosa, Argentina
7/8/2009 1:12:13 PM – Market Wire
VANCOUVER, BRITISH COLUMBIA, Jul 08, 2009 (MARKETWIRE via COMTEX News Network) —
Oromin Explorations Ltd. (“Oromin”) (TSX: OLE)(OTCBB: OLEPF) is pleased to report that the mobilization of the rig for drilling well OLE.MD.SREX2001 on the Santa Rosa Dome Petroleum Prospect is now under way. After spudding, it will take approximately 7 to 10 days to reach the target depth of approximately 1,300 metres to test the Conglomerate Violaceo, Barrancas, Potrerillos and Las Cabras formations. An announcement will be made when spudding commences.
The Santa Rosa Prospect is a 200 to 300 square kilometre shallow dome structure located within an approximate 7,600 square kilometre concession in the Cuyana Basin, Mendoza Province, Argentina.
The interest holders of the Santa Rosa license are now indirectly Oromin as to 67.52% and Otto Energy Limited of Perth, Australia as to 32.48%. Oromin is the project operator.
A National Instrument 51-101 compliant technical report on this prospect was filed on SEDAR on July 9, 2008 and is available at http://www.sedar.com.
To find out more about Oromin Explorations Ltd., visit http://www.oromin.com.
On behalf of the Board of Directors of OROMIN EXPLORATIONS LTD.
Chet Idziszek, President
Cautionary Statement
This document contains “forward-looking statements” within the meaning of applicable Canadian securities regulations. All statements other than statements of historical fact herein, including, without limitation, statements regarding the potential for the discovery of hydrocarbon resources, and our exploration plans and our other future plans and objectives, are forward-looking statements that involve various risks and uncertainties. Such forward-looking statements include, without limitation, estimates of exploration investment and the scope of exploration programs. There can be no assurance that such statements will prove to be accurate, and future events and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations are disclosed in the Company’s documents filed from time to time via SEDAR with the Canadian regulatory agencies to whose policies we are bound. Forward-looking statements are based on the estimates and opinions of management on the date the statements are made, and we do not undertake any obligation to update forward-looking statements should conditions or our estimates or opinions change, except as required by law. Forward-looking statements are subject to risks, uncertainties and other factors, including risks associated with mineral and hydrocarbon exploration, price volatility in the commodities we seek, and operational and political risks. Readers are cautioned not to place undue reliance on forward-looking statements.
Contacts: Oromin Explorations Ltd. David Scott Investor Relations (604) 331-8772 or Toll-free (877) 529-8475 (604) 331-8773 (FAX) dscott@mine-tech.com http://www.oromin.com
SOURCE: Oromin Explorations Ltd.
mailto:dscott@mine-tech.com http://www.oromin.com
Copyright 2009 Marketwire, Inc., All rights reserved.
thats the new Enzo II ..
caliche:
did you get any indication from Dave if there will be any new results from Sabadala
before the shareholders meeting or prefeas?
G1
i think there will be one before the PF but i doubt before the agm next week .. but you never know ..
i picked up a few .. i wish more now ..lol.. but i think we will be a LOT higher soon!
wow, so you actually think they may hit in SR, there is so much negativity out
there about it being a “duster:
What is your prediction in regards to barrels and stock price?
G1
wow, so you actually think they may hit in SR, there is so much negativity out
there about it being a “duster”:
What is your prediction in regards to barrels and stock price?
G1
WOO HOO .. 1.16 this AM ..