News next week, page-21

I sent an email to the MD several days ago but have had no response .

Often the size of the choke at the collar is mentioned to get an idea of potential flow rates , as they tend to turn the tap down (choke ) on the well head to reduce the strata collapsing , no mention has been made of the choke size .

It is possible for it to be 100% water , however the prior info on oil shows would indicate that not the case .

Yes it was an ambiguous announcement

But my trading in oilers has been about a 75% failure rate so obviously something I am not good at , so welcome to be corrected .