Good to see there are no wells needing workover/repacking etc this month so they can focus on the completions/recompletions. Hopefully they have cracked the formula for good screens in this geology now and we wont see as much downtime for those reasons in the future.
I will be very interested to see the production report and even more interested to see the quarterly report this month. As we have discussed on here a couple of months back, I suspect that with current oil prices the "magical" 750 bpd figure does not hold true anymore and they are already getting into profit territory, or more importantly about to increase the number of wells driled per month.
Good to see interest picking up here on HC with plenty of new posters. Better volumes being traded these days as well :-)
- Forums
- ASX - By Stock
- FDM
- drilling report
drilling report, page-6
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FDM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online