It totally depends upon the announcement as to whether the TH is lifted soon after the announcement, or prolonged because the first announcement doesn't fully provide all information necessary to fully inform the market to enable the TH be lifted.
If the announcement and TH is lifted within the 2 days permitted then the screen prices will not be purged (Brightoil).
The fact that the TH is called to coincide with the weekend (but it may be pure coincidence only) suggests to me that it may be related to flow testing, and they seek additional time for additional information to develop the full picture.
But just as possible is a problem with the drilling process - let's not think negatively, although one needs to consider it a possibility.
MAY Price at posting:
6.2¢ Sentiment: Hold Disclosure: Held
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