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Ann: Welchau-1 Discovery Well Resources & Testing Program Update, page-8

  1. Rob.roy
    53 Posts.
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    26/09/24
    10:59
    Post #: 75847375
    I'm some what confused

    In recent presentations/discussions they have said
    . Could be the largest gas discovery in decades
    . We were looking for one formation but found three
    Yet best estimates have been reduced significantly and
    seems to be more of a condensate resovoir than gas.

    I'm sure there are positives in this but I'm guessing we aren't gonna know anything material until December.

    ADX Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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