The purpose of a Trading halt, called to ensure control as substantial information is being gathered this may stretchout over the weekend to Monday implying much ongoing information is being gathered.
1 frames the terms of reference, in relation to Alameda2 2 defines specifics, it is with regard to results 3 is the obligatory statement for a trading halt.
No trading halt was provided for 1A or U3 "flow" tests.
Trading halt = substantial information, and we know U2 and 1B were up for flowing.
Could be, Alameda2 is being called complete and we're now in process to move on to Alameda-3. Or Due to the high net to gross, highly fractured vuggy reservoir rock, thats alot of net pay contributing oil into the well bore, so much so that even this heavy viscous flows to surface!.... market would absolutely not be expecting that given the flow results reported so far, but this is a trading halt and it must be substantial information
MAY Price at posting:
6.2¢ Sentiment: Buy Disclosure: Held
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