ACN 0.00% 28.5¢ acer energy limited

production news soon, page-5

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    Maybe they have a problem getting the oil from this well 'out of the ground' for some technical reason?

    I was recently told by an engineer friend who has been consulting in the oil industry for lots of oil exploration companies, that this was an important issue for the INP strike. Something about the type of soil/rocks concerned or something too technical for my non-technical brain! Maybe someone can explain the issue, if there really is one? I would have thought that getting such a large quantity out in this age of technology and at todays prices would be a small obstacle? Any comments anyone?


 
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