"A question that is intriguing me at the moment is whether BPT have ANY results of the post Permian sections of Holdfast 1 and Encounter 1?"
Does a bear s**t in the woods? Does he tell anyone?
WHY would BTP be telling anyone anything at present, least of all ICN?
Facts are, yes, 855 looks promising. LOOKS promising.
BUT, until there is a big tap shutting of a huge monster flow of gas, there is in fact, nothing.
We will all have to wait and see if 1) the gas is flowing, and 2) do we need a big tap, or a small one...
As for RJs performance, well, at this point, who cares? It is now or never. His capabilities will only be of relevance if that big tap is required.
Of more concern to me is: where will the cash come from if the big tap IS required? The chinese? But that opens up another can of worms? Actually we need to help pay for fracturing don't we? We weill need tons of cash BEFORE the big tap is even ordered!
One thing is for sure though, if this horse does in fact get over the line, I won't be buying a posey raging bull, but a prancing horse! A red one! Straight to the track for me :-)
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