""#Risks to this are firstly facility upgrade success...

""#Risks to this are firstly facility upgrade success (demothballing as RC loved to understate it) and secondly PV 13 production rate drop off.

However, in relation to the later, when quizzed on the reason for the early pull out of PV13 MK said something along the lines they didn’t know how this virgin find communicated with the rest of the field and they didn’t want to risk it. I guess that means start communicating and diluting pressure into an adjacent reservoir not connected to a well head?? I don’t know I’m not a geo. It seemed a fair reason to pull out to me. You’d hate to blow it!"##

So what do you all think about that.??

Do you consider it to be a very good producing well and/or fall within the category of flops.. If it interfere with the other wells around what are the chances of making a success of it.?

Could it be the loss in pressure and the drastic drop in production during the testing which only lasted for a period of juts 12 minutes.??

Experts comment only please..

Yet again I am very surprised that a poster or an investor can talk to someone within the Coy and being told of what went on and is going on, while the rest of us aren't worth being told anything about it.


Bloody amusing if not totally disgusting.

Does anyone here agree with me that those information should have been shared with everyone by releasing a proper ASX announcement.??