Reasons why they wouldn't re-frac: Although it would benefit the flows, it might not benefit them much (not that we know what the flow rate is). Not enough cash. Enough cash, but want to keep it for gas plant, connection, directors' fees.
Yes, you certainly can re-frac after connection, but you'd stop production whilst you did. Best practice? Sorry, that phrase does not compute on GDN thread.
Well head pressure test benefit? They seem to think it will help determine the size of the field. I think it would have been 100 times more useful to spend the time on a prolonged flow test. Then you'd know if you can get the damn stuff out, regardless of how much there is.
osb, I don't think a market update would help, 'cos my bet is that nothing has happened. So all you'd get would be nothing anyway (cue GDN announcement within 30 minutes!!).
GDN Price at posting:
4.8¢ Sentiment: None Disclosure: Not Held
