in terms of wildcat wells being drilled on TCF size structures on the ASX this year....
very little activity, which means the momentum trade on this one may very well be far bigger than most are anticipating.
imho this particular climate of Covid means that anyone putting in permits in places like california right now are restricted in drilling, but fortunately the permit was put through pre covid and this one is drilling ahead so to speak.
XST will attract a unprecedented level of speculation imho.
plus an arctic vortex storm is brewing up the gas and oil prices...
