Golfy, I suspect you're right but might be a day or three. If you remember the last announcement (6 May) it said "The decision to conduct a production test, expected to take up to 20 days, follows the completion of coring
and a full suite of wireline logs, including pressure measurements, in the well."
On that basis the test could be just about wound up (certainly by weeks end), I guess the million dollar (or billion dollar in KAR's case) is how long, post testing, to announce results. Do you think they'll release a brief note along the lines (I hope) - 'commercial quantity & sufficient flow rates established' & then follow up after another say 20 day period with full details?
The Black Swan must be just about ready to trade in that Bentley he bought last time round for their new dearer model the Mulsanne when this breaks $12.
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Price($) | Vol. | No. |
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