The latest announcement on WE4 is not that informative and raises several questions in terms of how they will deal with the sand inflow and testing of the well. Unless all the "additional equipment" is surface related, they will need the rig to deal with down hole solutions. Might explain the silence on the timing of the well test?
Of more concern should be the reason for the sand production and below excerpt from an online article throws up some possible explanations
We do know from STX release that they perforated a very large section of the Kingia well in excess of the identified pay zones (75m perforation to target 28m total net pay). Based on above article that might well explain the sand influx. One would not expect formation water influx to be the cause here.
Until we get more clarity on these matters, I will not buy back into either company.
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