BYE 0.00% 13.0¢ byron energy limited

Ann: SM 71 No 1 Well Update,OEL-BYE.AX, page-9

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  1. 825 Posts.
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    if you look at the presentation from December there is a good slide showing the SM70 targets (pg 21 from 23/12/15) . Judging by the announcement the other day they must be sitting or super close to actual targets by now - from that slide it looks like some magic starts to happen from approx. 5500ft onward, which I reckon we would be there today/tomorrow. Just seems crazy to go through the stuck pipe saga to bail out now when this is far easier to drill (so bye says) and so close. Anyway good chance to average down like you boys have. The company was very specific saying results in 7-10 days also!
 
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