PVE po valley energy limited

Ann: Vitalba1dirA - Drilling Status Report - 4 , page-2

  1. 1,546 Posts.
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    re: Ann: Vitalba1dirA - Drilling Status Repor... We should get some kind of log analysis in a week or two, giving us an initial idea whether this is a dud or not, and a full analysis before the end of the year. If all goes well we could have production starting in February (?). And if it produces (say) 2 million cubic feet a day and the reserves are confirmed at 2 bcf or more, surely we'll see a re-rating.

    The downside risk is that this well does no better than the first... Which will be a bit ugly.
 
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