AZZ 0.00% $7.50 antares energy limited

fracture challenges, page-6

  1. 708 Posts.
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    After drilling and completing this well for about 7 months now,one minute they talk about every single detail,then silence for nearly a month.

    When an announcement is finally made it is masked by other information.

    They should just say that the fd2 well has experienced problems with the fracture stimulation or if the weather was really the problem,say so.

    They have probably bought enough time now to have done some remedial work on the fd2 well as to continue with the frac and flow back.

    Whilst i am confident with the overall play the lack of transparency is disappointing.

    On past performance they will be lucky to drill two extra wells in 2010.

    All the best.
 
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