Nunso and Skygypsy back as Razzo... of course what Razzo aka Skygypsy aka Nunso fail to recognise is that whilst the drilling costs are relatively lower for the Dimmit county acreage they also yield at much lower percentages of oil (45% black oil vs 95% in TMS) and at lower absolute flow rates. and when ATS has already achieved the fastest drill time in the acreage (25 days vs the 43 days Encana averaged) its reasonable to expect that that trend will continue as experience builds and technological advances are made. lower capital hurdles with higher value product streams makes for much more valuable acreage. And if one cares to actually do some research, the drilling difficulties of yore related to the TMS specifically and not the overlying formations. anyway, why ruin a good scaremongering campaign for the sake of a few facts? good luck with FDM: it is indeed rubbish acreage (SEA selling their holding and Sanchez going to the wall are good data points in this regard)
ATS Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held
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