Clearly, the US Supermajor likes our product so if they award a trial, logic suggests that it's because it's proven itself to be substantially better than anything before it. It's difficult to see them going to the trouble for just a 5 or 10% gain. We know it works better than anything prior and now they also do so I'm expecting a trial announcement in the very near term.
The Cardium producer realised that's it's a game changer within two weeks so being awarded the entire field may not be far away. Cefas could be any day. If the 500 bopd well in the Gulf of Mexico which plugs every 4 hours has immediate success, you'd have to assume Multi-flow will spread like wildfire throughout the Gulf.
HCD Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
