the world of shale oil/gas is new to most of us.
it is obvious that the process of drilling,fracking and testing takes time.
i am trying to ascertain what sort of results are anticipated from the forthcoming fracking and testing of holdfast and encounter wells? what results would indicate a commercial future?
as i recollect core samples were sent to the states for testing to acertain levels of hydrocarbon saturation and makeup. when are those results anticipated?
all going well with the outstanding and forthcoming testing futher drilling [horizontal] is planned. how will ade fund its share of the costs? prehaps issue more shares? what are the alternatives?
many questions. does anyone have a veiws or insights.
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