SGC 25.0% 0.5¢ sacgasco limited

Ann: Dempsey Well Testing Update, page-10

  1. 1,726 Posts.
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    They are talking about re-entering and sidetracking Alvarez .

    They also mention deepening some of the existing wells on leases to access the deeper zones . Some of these must have usable infrastructure such as pipelines and metering stations . This would surely be a cheaper way of appraising Dempsey and increasing cashflow than drilling from scratch .

    As a Briton , I choose to invest on ASX (even though it means losing sleep to watch the announcements come in until 01:00 for most of the year) because it is far , far better regulated than AIM which is just hopeless so do not want SGC and EME to merge or SGC to dual list in London .

    I can and do make money on ASX but only lose it on the terminally corrupt AIM .

    If SGC are to dual list then it should be in the U.S.
 
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