I love all the technical analysis and bits of info that everybody on HC provides. Why did they stop drilling, easy.
- way too much info. from the last 4 wells to look at.
- can plan the next few drills better after having looked at this mountain of info.
- rig rates are going down not up, so the longer we wait the cheaper it will be.
- originally they were planning on doing a setting set of wells at the end of 2017 anyway.
I can't wait for the JV to announce DOC, but don't want FAR to waste money drilling holes in the wrong place.
FAR Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held
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