re: Ann: Multi-lateral Production Pilots Comp...
Technically they seem (pun intended) to have cracked it with the multi-laterals. This is quite complex drilling and they now have the key to production efficiencies .. IMHO.
No big news but both multi-laterals will be on test soon .. and the Schram rig should now move on to Dewhurst which we know potentially holds close to 1,500 PJ of reserves.
Looking good for reserves to be progressively upgraded over coming months.
H
ESG Price at posting:
76.5¢ Sentiment: LT Buy Disclosure: Held