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8.6¢ adx energy ltd

Yep...res pressures are tightly held for very good reasons.I'm...

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Kangaroos67

3,099 Posts.

1027

08/05/24

18:33

Post #: 73732176
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Originally posted by Teddyward: ↑

They know exactly how much mud they lost at different levels and where the gas traces were and if that coincided so have a idea of what their drill fluids have done to wellbore and what work is required to correct the issue assuming it is worth it . They haven't with wording given me enough confidence and obviously they wanted $ before they say anything more assuming they chose to do so. Would love to know pressures , what mod and how much as mates would be able to tell me a lot more in regards to prospects . I don't have written down pressures of old wells so if they were high no surprise they use extra weight fluids with expectation of gas if not they may have pushed too much into structure and have trouble doing clean up to test

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Yep...res pressures are tightly held for very good reasons.
I'm not going to comment to much here as some take things the wrong way, old mate Feral ask that itake a quick look, so i have.
I like a risk but all my risk funds are tied into an equally risky and bloody frustrating company at present

ADX Price at posting: 9.8¢ Sentiment: None Disclosure: Not Held
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Last 8.6¢		Change 0.003(3.61%)		Mkt cap ! $48.84M

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Price($)	Vol.	No.
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