My understanding -
Based on a previous announcement the well pad should be ready around the 7th February and so that is the very earliest they will spud.
Based on Jesse 1a it took from 26th April 2022 when they spud to 29th June to get the result of the drill.
So essentially 2 months with updates along the way.
The finalised results coming much later after the work over rig confirmed the resource but due to the water they were unable to get flow.
Therefore assuming same timeframes it will take until first or second week of April to get a categoric result at the very earliest confirming a commercial well. Whether they can spud on the 7th February is another matter but this should be contained in the next announcement.
DL has repeatedly said once they get flow then monetisation will be quick and thet have applied for 2 more permits.
It seems to me everything is in as good a position as it could possible be based on:
Results of Jesse 1 showing significant heliu presence
Experience of drilling company and supervisor
Offtake in place
Pipeline in place
Helium prices
But...... can we get flow, let us hope so.
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