ADX 13.0% 13.0¢ adx energy ltd

2 "potenial " reservior zones, page-28

  1. 5,936 Posts.
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    Osi

    Perhaps the much spruiked 'DHI' was in fact a 'Dry hole Indicator'??

    Clearly there is not 175BCf in the Eocene drilled late last week.

    The Cretaceous targets are due to be penetrated from the 18th onward , so good luck with this , as (imo) the COS is now less than 5% with no encouragement in the Eocene Primary.

    A CR will be a challenge in these markets Im afraid , but agree it is necessary for survival. I think GPX is simply rebounding after a massive smack down over the past few weeks on Syria troubles , cant read much into that imo.

    DYOR
 
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