DW taking a very prudent approach, conserving cash to fund forward work program.
Managing Director, Dave Wall, commented: "The Joint Venture remains committed and confident in the HRZ shale play. The leasing strategy has been designed to strike a balance between this confidence and available capital whilst we build towards completion of the flowback and production testing of the Icewine#2 well in 1H 2018. Additional details on this program as well as the planned 3D seismic acquisition will be released in the coming weeks."
DW taking a very prudent approach, conserving cash to fund...
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