Dunnart#2,
REY contributed 86.94% for a 43.47% of EP 437
REYs annual report released today stated,
"The well was cased and suspended for a future production test.'
That seems fairly emphatic to me unless it is sloppy communication between the joint parties
KEYs annual report stated for Dunnart#2,
"Options continue
to be evaluated with regard to testing or a coordinated campaign with a smaller fit for purpose rig for both further exploration and/or
completion operations with a view to carrying out production testing."
Obviously they will not production test it unless they form a conclusion that it is economic and will add shareholder value.
Draw your own conclusions.
KEY Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
(20min delay)
