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Hi Oslo, We are so far away from commercial gas sales that the...

  1. invertedva
    3,719 Posts.
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    13/01/15
    17:49
    Post #: 14577929
    Hi Oslo,
    We are so far away from commercial gas sales that the delays don't affect us.
    However, the plummetting oil price means there cannot be a better time to be negotiating a multi-well development program, given drill crews will be competing to get out business, not the other way around.
    All this assumes, of course, that flow rates justify moving to the next stage (and raising the requisite finance), but the signs to this point could not be better.
    SXY Price at posting: 28.5¢ Sentiment: None Disclosure: Not Held
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    STX Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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