Now you done it and as an ADI doubter are on the s**tlist of all the ADI hypsters.
"AGENTM" will no doubt call you names and jump all over your case.
I have no doubt that they'll probably get some gas out of the new well being drilled (maybe ???) in the not to distant future, but I doubt that the talk of 1 to 3 TCF is anything more than (keeping the theme of the thread alive) someone's idea of a wet dream.
One has to wonder why SL-1 has taken over a year so far and still no test flows.....IMO that well is a dud or will be a really low flow.
And as far as buying anything from a yank, there are certain companies that seem to be able to hit well after well after well........symbols:
EPEX and CRZO are two that come to mind. (Maybe BEXP as well, but don't follow them anymore...)
For the life of me I don't know why the Aussie companies trying to make a go in the USA market don't join up with these companies but go with the other no-names and come up with a bunch of dud wells.....PSA and AZZ are two that come to mind...
Lastly, if you want to make bucks in the business, there is no better place to start small than in the USA. Lot's of places to drill and lots of data.
With $70 oil and new technology a whole bunch of those old locations offer the opportunity of a lifetime to start small and make a good sized stash and again I don't understand why some of the Aussie companies bet the farm on a couple of high risk wells when they could buy a bunch of leases and producing properties for the same $ amount that offer instant cash flow, knowledge, and infill drilling ops.........
I know that if I were in charge of a company that is the way I'd start................
ARQ Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)