XST 0.00% 0.9¢ xstate resources limited

Ann: SGC: Dempsey Well Testing Update, page-55

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  1. 2,513 Posts.
    lightbulb Created with Sketch. 5
    Anything over 500bcf and we have a company maker.
    There has been a plethora of companies trying this basin for the magic well, many have failed.
    IMO, a high enough reading would bode well for XST in their next well.
    I'm very happy to see that they are taking time to test the well as a broken drill casing could damage and block the well entry permanently.
    6000psi is very strong, let's see if it is sustained.
    Good luck to all holding.
 
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