ADI 2.35% $3.05 apn industria reit

good deal maybe not, page-13

  1. 2,614 Posts.
    esteon from the preso thats the plan,

    but by very rough calcs is easely finishes in say another 14 days, then rancho starts and takes 45 days thats about late april. Morgan say finishes early to mid april and LH1 starts, finishing in about end may. The rancho rig goes to LH 2 and finishes about mid june and beigins LH3 finishing in say end july. Add in an extra month to be safe and all drilling including Ipn is all wrapped up by about August with 2 rigs.

    I might be wrong, but i think we might see an advancement of the 2011 drilling ito lare 2010. Im estimating about another 6 wells that we dont yet know about, assuming the jvp's have enough income to help fund them that is.
 
watchlist Created with Sketch. Add ADI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.