if you look at the kennedy well historic, it demonstrates how the adi presentation was absolutely correct estseon
the slide is this one where they claim the frac in kowalik, the first well to be frac stimulated with a slick water frac could do this
Our new fracs will be much bigger than previously..... -3-6x for each frac stage -40-90x for the whole well Kowalik
after only a handful of days of production in kennedy for january you can clearly see a demonstration of an improvement imho. i know there is enormous scepticism and lack of interest in the jvp as a result of information blackout, but imho what adelphi was saying on 25th nov 09 is pretty much clearly evident below.
unfortunately it is not a point the jvp are willing to make to their shareholders atm in any releases, but imho they were correct.
i am expecting a rerating on the jvp one day soon..
anyone else see any improvement? again the jan 2010 figures are only for a few days of production
ADI Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
