I don't see this going far with this announcement for several reasons.
NWE has a similar or better announcement. Sp stable.
The problems that some of these wells have had with completions.
cement skin's, etc. Sand issues. Etc.
And the previous well here waly dropping off after a short time. Yes i know this is in a different zone.
Imo the market wants certainty. Flow testing will give this. Until then it's a wait and see.
None the less I think this is looking good. So for those that have the cash it's a perfect buying opportunity.
Ann: Successful appraisal of Walyering gas field, page-32
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