its hard to see much downside in adi..
if you have 3 seperate targets in wisteria, and one potentially a 10 bagger for adi... and the 4 wells in a row in the proven play of the austin chalks.. with a minimum expectation of 2500 bopd on any successful completion in the upper chalks with fractures.. (and imho the meridian wells 6500 bopd is more like it)
have to find it hard to be wanting out of this stock right now..
kowalik will be progressing towards the horizontal very soon, it was kicking off on the 19th so by next week it should be drilling horizontally.. i was a little shocked how long they spent on the well with the wireline, i think all jvps must have been looking at the logs very closely this time before picking the chalks intervals!
keeping all of my shares tightly held..
its hard to see much downside in adi.. if you have 3 seperate...
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Last
$2.71 |
Change
-0.010(0.37%) |
Mkt cap ! $859.8M | |||
| Open | High | Low | Value | Volume |
| $2.72 | $2.74 | $2.70 | $2.016M | 743.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2111 | $2.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.72 | 13292 | 2 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| DXI (ASX) Chart |