Back at 9.5c should find some support at this level. Still don't know why they won't release flow rates till after the rig has completed the well just does not make sense to me. Most would know the tubing is not going to Increase the rate only the rate at witch it flows through a smaller pipe as the flow is restricted From 4.5" to 2 3/8"
The well has just undergone a massive 5 stage frac stimulation programme followed up by post frac perforations along with an extended flow back period and they can't update the market weekly on the wells performance?
Anyway what would I Know
AJQ Price at posting:
9.6¢ Sentiment: None Disclosure: Not Held