TShirt as I recall the determining issue on PD1 was sand and drawdown which brought about the problems on PD1.
It is good to see they ae taking a consertative approach. Some time ago I was speaking with Iain Smith and he noted that they had learned from PD1 and the issues encountered as I think no one had gone this deepp before at Paloma.
Again this was new ground and carried the issues that have presented with draw down and hence the fraking and beads which were seen as a way to avoid PD1 issues, this also includes a greatly reduced pressure variant to keep the integrity of LS.
Nevertheless, looks like some blue sky ahead for us as I imagine a lot of SH would be carrying some red ink on NEN at this time.
NEN Price at posting:
23.0¢ Sentiment: LT Buy Disclosure: Held
