re: Ann: Cooper Basin NTNG and SACB JV Unconv...
To be honest I don't really know how to take that announcement, we sort of knew that Holdfast-2 wasn't going to be great with all the delays and the way they have gone very quite on it for so long, but it is a very disappointing result to only flow 0.25.
The problem I have with the program they are spending huge amounts of money, yet we aren't getting any real information or explanation as to how these wells fit into the program and how they are using the data they are collecting.
I guess the main question is are these wells going to be commercial and when are they going to start making money from them. Instead of throwing money into a bottom less pit..
BPT Price at posting:
$1.66 Sentiment: LT Buy Disclosure: Held
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