When you have unconventional gas deposit and a deposit that is a small resource scattered over 160m it’s going to be impossible for it to be economically viable without dozens of wells and even then it’s uneconomical.
Management were being sneaky with their announcement, which they avoided announcing the net pay for the free flow gas because it’s insignificant. They are playing this card to raise more capital. Don’t trust management for playing those tricks
General chit chat thread., page-2895
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