SXY 1.59% $3.10 senex energy limited

Ann: Monthly Drilling Report - May 2018, page-12

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  1. 1,360 Posts.
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    Has anyone heard anything about the Gemba well?
    All I know is that it is a tight gas play that has shown very encouraging signs with the drill bit and is now in the process of being fracc'd. @Ya ?

    Could it be quite a big/lucrative gas play or is it just a small gas field?

    Guessing it could be quite a decent project given th SA government chipped in $6m of drilling costs as a free grant which probably means the drill is a $12m drill/frac which you wouldnt do for a small field...
 
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