Comment by
KickPumpForGoal on Nov 20, 2023 8:46am
I mean its progress theyre communicating. Better than hearing nothing. Remember its just the beggining of the run way, we're just taxiing at the moment.
Comment by
RoyMax123 on Nov 20, 2023 8:48am
In the previous news they were saying "Completion operations are expected to commence immediately after rig release with subsequent oil sales occurring shortly afterwards" but now it's pending further review and they will evaluate the potential of a side track with a horizontal well. To me it indicate that they didn't find much oil.
Comment by
Uptonothing on Nov 20, 2023 8:53am
Were my thoughts as well, didn't seem positive in my eyes.
Comment by
Scotty73 on Nov 20, 2023 9:11am
The chances of the 1st vertical well hitting the mother load were always slim and the results of the well will presumably optimise the location of the big multi-lateral. Most people on here seem to be buying into something bigger - of which there is plenty of suggestion in the recent news releases. So for me, not too much has changed,