I do agree it does all sound positive, but the market is very cautious at the moment. With so many non commercial wells that have burnt investors a lot will be waiting on the side lines.
Lots happy to sell at these levels by the looks of it. I think we will hear the real news Tuesday I think it will take a few days to run the tests.
I am not sure to be fair could go either way, been invested in many stocks that have had oil shows, it just depends how much oil is recoverable as these are tight wells.
GLA
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