XST 0.00% 0.9¢ xstate resources limited

They may not need to drill . If the integrity of the old well...

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  1. 1,359 Posts.
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    They may not need to drill .
    If the integrity of the old well bore is proved ok , they will just run through casing logs and do deep penetration perforations in the best gas reservoir zones .
    An affordable procedure for the joint venture .
    Keep our fingers crossed because we need it .
    I hope we are still accruing revenue from Dempsey because I think there is a good chance that the deal with REL could fall over .
    Recent movement in the SGC SP , probably to do with Alvares .

    gltah
 
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