I think we might be holding our breath for the flow rates of Beach's holdfast horizontal drill. If they can get over 6 then it makes the story interesting, over 8 and all shales will take off.
I'm not sure how long it will be until a deal but I have a feeling it won't be in the shirt term. Management will wait until the cooler produces a few good flow rates to de risk the JV 's investment
putting things into perspective all seems good, page-9
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