88E had to shut their well in for 6 weeks to try and get pressure to build up, SGC has the opposite problem they have to get high pressure rated equipment to test it. I know which situation I prefer.
"Due to the reservoir formation pressures encountered while drilling, high pressure rated equipment is being employed for the upcoming operations."
A 3 week wait seems like an eternity to day traders so they'll exit. But 3 weeks will give the share price a chance not only to get back to 20c but through it.
Ann: Dempsey Gas Well - Operations Update, page-13
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