XST 0.00% 0.9¢ xstate resources limited

i recall the years of skepticism you and i both had on dempsey...

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  1. 7,782 Posts.
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    i recall the years of skepticism you and i both had on dempsey and alvares and the reporting of the timings of the operations from the operator.. all XST could do was replicate what the operator was telling the market.. and look equally as embarrassing..

    2014 .. 5 years... !! for a simple test and possible flow test subsequently...

    i hate to say it, but i still am not confident in any announcements made by the operator lets look 6 months back

    SGC June quarterly..

    Alvares:
    o Re-entry activities to commence in September Quarter.
    o Sacgasco free carried through well bore integrity testing.

    I wonder if they are still free carried through well bore integrity testing and they certainly are not financial for the 50% of well operations.. despite requiring the partners to be ready with the cash 9 - 10 months prior to any test??
 
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