Dunborough is apparently bigger than Cliffhead, this well should test that .. might surprise us all?
Imagine in Y-2 comes in with aflow rate of >5 MMCF/d !! would be great .. market should wet their pants ... but to do that i think you'll need coiled tubing or special drilling fluid for the target reservoir????? I haven't read anywhere that ARQ might be doing such? has anyone else?
Maybe they don't need to? I'm not a Geo or driller? hope we get some sort of result / encouragement .. otherwise the market might see that as the final straw?
Bg.
ARQ Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held