BYE 0.00% 13.0¢ byron energy limited

I'll word my question a little differently, although in truth we...

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  1. 1,698 Posts.
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    I'll word my question a little differently, although in truth we will all find out soon enough.

    I understand what Plug and Abandon means, it is quite self-explanatory.

    My question is, is this normal for an exploration well, ie after you have explored and discovered what you need to , do you then plug and abandon this well and drill a new one (or multiple ones) for production?

    Second question, is if this is a genuine duster, why have they decided this, even though they haven't reached their target depth yet? Would it be because they have found a chamber which should contain gas but actually contains only air?
 
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