In an ASX release at 9.17 am on 12 May 2010 the Co. announced that Haliburton had commenced the frac on 3H. I would assume that would mean it commenced on the previous day in the USA because of the time difference. It appears that the frac procedure could take 10 days to complete but surely there would be some early indication of flows coming from the well. I note that some contributors to the GDN forum are expecting an announcement this week when their frac only commenced on Friday. Does anyone have any idea of how long the procedure actually takes and when the first measured flows should be available. Tomorrow will be one week from when the frac commenced.
AZZ Price at posting:
64.5¢ Sentiment: Hold Disclosure: Held
