HE8 15.8% 2.2¢ helios energy ltd

Ann: Quarterly Activities Report June 2021, page-2

  1. 55 Posts.
    lightbulb Created with Sketch. 10
    I am not an expert in oil so I would appreciate someone explaining to me in simple terms why pressure testing of Presidio 141#2 is taking so long.
    On 31 January 2020 the quarterly activities report said the pressure testing has recently ended.
    On 31 March 2021 the quarterly activities report said the build up testing of the well continued.
    Now, 18 months later, on 2 August 2021 the quarterly activities report states the pressure testing continued.
    I feel like the only thing that is being tested is my blood pressure.
 
watchlist Created with Sketch. Add HE8 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.