Well? What do we think about this guys? Have one hole to revisit an one more well to drill.
What happens now if the next two wells are dry?
Stanwell has thumped up the money but if we have no gas shows, what is the next move? Will more wells be drilled? ICN is saying this is its largest drilling program to date, but only 4 wells to be drilled at this date with so far little success? Don't get me wrong but we might have to drill many, many more wells. I wonder how well Stanwell will carry the money through on its success rates now? One in every 8-10 holes may be a winner from what i have read? Is this correct?
Not trying to ramp at all guys. Just want to think about about my next move.
- Forums
- ASX - By Stock
- ICN
- 10 milidarcies
10 milidarcies, page-4
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ICN (ASX) to my watchlist
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.608M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
ICN (ASX) Chart |
Day chart unavailable
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online