Ann: WELL RE-COMPLETION DELIVERS MATERIAL PRODUCTION GAINS, page-10

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thesaint63

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15/06/22

15:02

Post #: 62014801
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Originally posted by Sector: ↑

with AKK/FPL and now third name change AXP
its always the same, in what they don't tell you....you just need a good memory.

Not a mention of 2604 well, which was fracked before 2605 and expected in weeks? back in FEB!

So what happened,
by the sounds of the intermittent production tests, and the length of time to get started flowing + the amount of frack fluids STILL in there - around 40%

you can be damn sure, the formation they are trying to test is unstable.

and likely, with NO mention of 2604, it is a dud - but will they disclose that?

I'll be interested, if like most reliable and normal O&G listed operators, they disclose the 30 day and 90 day IP once this well is stabilized, rather than high production being announced with early production tests.
and explain what happened to well 2604 nearby.

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I'll eat humble pie Sector. These guys have mastered the art of ripping off investors and take the money for themselves.

Look at the share price - a pittance at .005 (not even 1 cent). I invested a small amount many years ago on a fluffy report - oil gushing. Sadly nothing has become and these guys as sector mentioned, change their company name to escape the past failures.

Nothing has ever happened here and by past performances, nothing ever will.

AXP Price at posting: 0.5¢ Sentiment: Sell Disclosure: Held
6 Upvote

3 Great analysis

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