AZZ 0.00% $7.50 antares energy limited

announcement, page-19

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    HB above mentioned that they intended to start logging yesterday, so possibly an announcement later today or Tues (holiday Mon.). They might have had to spend some time conditioning the hole, especially at lower depths where heavily fractured rock of Glen Rose could have created blockage or jammed log tools. I'd guess they are v. keen to see what is in Glen Rose fractures. I'm sure the Edwards and Eagle Ford are dead certs for gas pay (Eagleford via horizontal at later stage).

    Both Dilworth & SE Dilworth are Edwards gasfields and a line through centres of each + Yellow Rose makes an equal-sided triangle w. sides maybe 4 miles long. Both of these fields are operated by Pioneer. Those AZZ'ers with longer memories will remember that Pioneer contributed 1/3 of the seismic cost for YR for no apparent gain to themselves. It's now a lot clearer to me why they did that; they probably wanted to see 3D seismic over area close to the Dilworth fields and were awarw of AZZ/SIDC's plans to get seismic for themselves over YR.
 
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