Don't take this wrong, but the information released today is welcome, but.............
On 3 May we were told that Easley frac started on 26th April (from AUT's release). ADI's release was silent on the date.
Today, on 5 May we are told that not only is the frac complete on Morgan, but Easley as well and the well is producing.
AUT's release says that Easley flowed back to sales on 1 May........
That flow back to sales date is two days BEFORE the release on 3 May from ADI that said:
"Following completion of this operation the well will
be flowed directly to sales."
Well folks when they released that little tidbit on 3 May the well was not only completed, it was flowing.
Kinda makes one wonder about how 'timely and accurate' the information flow is to shareholders as well as the market.
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