Not sure it’s good nor bad. We would have expected gas shows there are plenty of wells in the area. We have only got as far as the first zone. We are now delayed til next year.
If I have to take a corner I would say bad news cos there is a drill delay and will cost a bit more. But it shouldn’t really drive any movement in SP.
I have no idea on implications of higher pressure
Ann: Juanita Well Operations Update, page-13
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