PYM pryme energy limited

News: Pryme Energy exposed to emerging shale play, page-5

  1. 56,893 Posts.
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    re: News: Pryme Energy exposed to emerging sh... Thanks for that cmonaussie. It's expensive and difficult to drill where we are as can be seen by their counterparts. Problems aplenty but we are in very big elephant country as can be seen by the maps you have provided.

    PYM needs to display the ability to get in there at a reasonable cost so to extract. Big players are watching. eg. Big Macq. If we can show the above and seal finance, we're off the the races IMO.

    Very sig. time for PYM and they are playing it carefully on-site - that I can guarantee given the renewed geo-expertise they have employed. Whether it's good enough - well, not too long now for us to find out.

    Good to see you around & GL.

    I was a buyer this week and continue to add when I can but the current illiqiud state of the registry makes it difficult sometimes to do much at all.

    Just need to crack the lateral and wait IMO.

    Not long to go and another finger will be uncrossed once the casing has been completed.
 
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