Interesting announcement confirming that overall we got it wrong again
Not saying this in a derogatory manner because American fields have shown you need several wells to get it right
Surprised there has not been a better reaction to this
proof of concept now a given
proof of ability to deliver getting closer
These results from an impaired well with short laterals
Will run a lot better with correct well bore tubular size
the 10 year forecast is surprisingly low considering we are well along the decline curve
Comments????
Expect a big move on AIM tonight again
Cannot believe they are talking 1400m fracs with their track record
Lets get a 700 right before this is even talked about
Overall good news
Only had the readies for 80k top up but thinking this could hit 10 again in next week or so
OEX Price at posting:
7.3¢ Sentiment: Hold Disclosure: Held