A typical gas and oil explorers report . The market will assign the value of this report as worthless. It does not prove that these resources can be flowed at commercial rates. No amount of siesmic testing can determine that wells can be flowed commercially.
A comprehensive flow test programme is the only reliable test of a wells potential.
The gas and oil exploration business is the most difficult and complex game in the world.
These articulated worded reports are to the credit of management as they play out this game to a tee.
A ten bagger..........what are you on ? Is it dangerous to your health or addictive ?
Ann: Independent Review Confirms Increase in Cyrano P50 Resources, page-3
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