Shrewdcrude "Titan went about this the wrong way" .
That's easy to say in hindsight after a duster but going after unconventional objectives alone has driven Petrofrontier to hard times .
The P.A. suggests the well cannot be deepened to test the Kockatea and Caryginia .
A lesson from those juniors which have farmed out unconventional exploration is that you need to be revenue positive and have deep pockets to stay in the game .
Let's see what they do for the second well .
Norwest must have sited Arrowsmith-2 close to Arrowsmith-1 because they wanted a hybrid conventional/unconventional exploration well .
As an aside I does anyone think some of these juniors should merge to diversify risk and achieve critical mass ?
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