These were posted over at the MNP board, thanks to aprilsteeler. Something to read while we wait through this terrible market:
Russia’s state-run Gazprom has been drilling next to Tethys’ fields since 2010 and reportedly is still only halfway to its suspected energy reserves, which rest more than 6,000 meters down. Tethys claims it would be able to drill to that depth in just nine months, at a cost of $56 million, according to the source. But it hasn’t started.