The webcast stated 6-8 wells in the program starting Q2, with further drilling to be done later in the year. Well worth listening to the presentation - no doubt in my mind that they've pulled a massive winner out on both price and flexibility.
The big question is whether the market will react in the near term, or whether we have to wait for the drilling program to show consistent achievement of objectives.
Hopefully we see some strong media coverage tomorrow.
WCL Price at posting:
32.0¢ Sentiment: Buy Disclosure: Held