As a minimum I am sure they will drill sufficient wells to hold the leases by production which I believe is 1 per 640 acres. Not sure what deadlines are on the leases though, but assume they will need to keep a move on. I suspect they will add further rigs once their knowledge of the area improves. No point accelerating more than necessary until you gain a full understanding of optimum techniques and the most productive areas.
ADI Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
