Fairly subdued reaction from the market today for what, to me, sounded pretty good news. (OEL flat, BYE up circa 4%.) Just wondering if I missed a subtle negative in the ann? What are the "sand control measures" referred to? Is this expected/normal? Or does that indicate they've got concerns re potential flow issues?
Or maybe it's just the oil price and 'ASX 200 Energy' sector down 1% over the day may affect general energy stocks sentiment? On that note, which oil price is most relevant to SM71 production? i.e. WTI, Louisiana Sweet etc ...
Ann: SM 71 Update - F1 Well Successfully Completed for Production, page-5
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