So much speculation in this thread. We do know that the well should be into reservoir this weekend and it would make sense to enter a TH if you think Information might leak over the long weekend (just reading here, the Perth basin is very leaky and you should all review the confidentiality clauses in your contracts ).
I have said before that there is no Basin in the world where finding oil or gas is like shooting fish in a barrel. Elegans was P&Ad as a dry hole, Waitsia development drilling seems to have thrown some surprises to Beach so anyone that is wearing rose tinted glasses should take them off for a moment, take a deep breath and wait for data.
let’s see what Tuesday brings. Let’s hope it is good news otherwise all the mid caps will suffer
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