AZZ 0.00% $7.50 antares energy limited

garcitas ranch

  1. 708 Posts.
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    the net gas sands are 1.5 times the size in the secondary zone than the entire previous well.management say that the primary zone has met pre-drill expectations.Is that before they commenced drilling the well OR after drilling the secondary zone and before drilling the primary target.JAMES writes these announcements and he is a master of words.IN my opinion this well is 2 plus times larger than the upper estimate of 75bcf gas.Participants of the well are obviously looking to secure surrounding acreage to capitalise on this potentially large field.IMO ithink there is at least 150bcf gas here.antares share 30bcf x A$4m bcf equals A$120m.158.5m shares on issue equates to approx .75c share for this garcitas ranch field.Ive poured nearly everthing i own into this stock.Holding 1.1m shares.good luck.
 
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