Most likley if you have enough geo/reservoir info then horizontal will be the way to go and its all about orinentation, effective length, target horizon and the fracc, lots of experince at this just needs to be basin specific and the gloabl success of horizontal drilling in unconentional is just that. Lets see what OMA do as if we have similar targets then will be a strong indicator as will shells expereince and others.
Massive set back and big dilution on the way but location, location, location.
We are stuck with NY approach to pump the stock and if he can find a new set of investors to encourage great but likely many bridges burnt and again what guidance is the board giving to present the message.
EXR Price at posting:
6.3¢ Sentiment: Hold Disclosure: Held
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