Canacol Energy (10% holder of Emerald's Ombu block) has commissioned a reserves report for the Capella field to be carried out to the standards appropriate for its Canadian Listing.
The results are expected during September 2009.
http://www.theenergynews.com/news/article.php?storyid=33493&ftptype=1
If these results are better than expected, one may speculate that a counter bid for Emerald may become more likely.
No comments:
Post a Comment