Great! Since you claimed to be a Petroleum Engineer, let's talk substance rather than the typical stupidity and name calling you have been spewing of late. Shall we?

I for one certainly would like to know why the well stopped drilling after some 1000 meters? They said it's for safety reasons. What safety reasons? Was the well encountered abnormally pressured zone? Potential blowout? Mechanical issues? Operational? Or any other reasons that we investors need to know?

It was reported in the news that the zone discovered before reaching the target was commercially unviable due to undesirable oil or rock properties? What was the meaning of undesirable here? Heavy oil properties? Thin lenses? Low pressure?

Don't you want to know too? :-)

By the way, being negative does not mean that I do not support this Malaysian oil company. I want Hibiscus to succeed but I don't want those inside just making easy money at the expenses of gullible investors who are clueless about the reality of oil exploration. We had already knew what happened to several Malaysian oil companies "bungkus" before. The technical modus operandi was the same except that nowcthey are using publics money. Since you have been around as PE for 30 years you should know which companies right?

Relaxs dude! It's just an advice from a Petroleum Engineer like me.

By the way, what I said was true... if you have incompetent technical team to involve in oil exploration business, you are definitely unprepared. But for those who are inside, they would say "who cares?". It is not their money. It is yours mostly... so go back to the basics, scrutinize the technical management team.

Who is Acadi?

There is no such thing as small boy or big boy in this game. Only small money or big money! :-) Hibiscus is managed by technically incompetent people thinking that by merely putting numbers in a "so called" high tech software, they can hit big automagically. Might as well hire "bomoh" to drill next time.

Oil Companies spent substantially, initially hiring good seven technical sisters before they even ventured in capital intensive exploration business. Learned from the old timers! Mess with the business unprepared, die like the rest.

Just a friendly advice from a small boy with big money...

At the end, there are only two crucial variables in this game ... GREED and FEAR!

Hello Fellow Investors...

The main point investors should heed is that why the 1st well drilled is not commercially viable? So many contradictory explanations in the media. One said there was a drilling mistake. The other said because of the undesirable properties of the oil rendered it commercially unviable. Which one is the main cause?

If it is a drilling mistake, then what the hell is that high tech Rex Virtual Drilling technology doing then?

Another news said drilling had to be suspended because of safety reasons, so they could not reach to the target afyer drilling for some 1000 meters. If you have not even reached the target, then how on earth they said it is not commercially viable?

Confused? Me too! Hehehe....

I think this Hibiscus thing is too good to be true. OR, maybe it is just incompetent technical management team who thinks all these high tech software can solve real engineering problems automagically by putting numbers in computer. It goes back to the old saying..."garbages in, garbages out."

As for now, RM50 Millions of your money is gone! Accept that fact! If we investors still do not know the main reasons (I meant technically sound reasons) why the 1st well is commercially unviable, be prepared for another RM50 Millions gone too.

NOTHING IS EASY BUT YOU ARE STILL IN CONTROL