And not only is this one undervalued for what it's already got in my opinion, the upside is staggering.
Basically just about everything is going right for this field so far.
Even if they have a 50% strike rate on 8 wells, this will be worth a fortune to CTR over the coming years and quite possibly decades.
The fact that the porosity is so good but getting even better should be waking a few people up.
Make no mistake, this well is an absolute gusher and we are not even at the best bit yet.
If that 40% better flow rate transfers to the higher flow rate when storage is taken care of, then watch this thing fly in my opinion.
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EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
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