MEL 0.00% 0.5¢ metgasco ltd

Ann: Kingfisher E1 - Progress Report 5 , page-26

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  1. 39 Posts.
    MikePike

    are you suggesting a P&A of just the heifer sandstone portion of the well? cant say in all my years trading i have heard of a P&A on one portion of a well? i could understand if the coal beds were to remain shut in but a gas producing zone, what would be the purpose of this, when total flow rates are crucial to commercial viability.
    i Gues i will just wait for an answer from the company...i will keep you informed. Lets all hope this is a good week for all MEl holders

    cheers
    HG
 
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