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WHAT WHERE YOU SAYING EINSTEIN??????????????????Apology would be...

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blackitalian

1,826 Posts.

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13/08/23

13:51

Post #: 69311381
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Originally posted by Gharp: ↑

Why are you making up stuff ?

I don't own XST and with 10 minutes research can see they already own 20% of the prospect from the first drill they farmed in for 40% of the cost in 2021 which was a wildcat well for ANS-3. the next 2 wells are using the same drill pad for this. From 13th March 2023

Anshof-2 and Anshof-1 Development Drilling.
The Anshof-2 and the Anshof-1 development wells will be drilled from the same drilling and production
site as the Anshof-3 well

They never elected to farm into further acreage on ADX-AT-II which is in different area for the 2nd well which it was talking about in the 2021 announcement which never took place and rightly so if ADX is focussing on increasing production at its current drill site location.

They would be up for 20% of the costs of ANS-2 and ANS-3 drill with no success payments or any back costs etc.

My calculation is 1.6 million needed from XST for 2 well drill and long lead items may even get MND to pay for this if they give up 3% of the 20% they own with a similar deal to what ADX has but will probably cap raise and use alberta plains cash to fund it.

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WHAT WHERE YOU SAYING EINSTEIN??????????????????
Apology would be appropriate!

XST Price at posting: 1.4¢ Sentiment: None Disclosure: Not Held
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